Carvana's Wild Ride: Analyst Optimism vs. New Competition
Update: 2025-09-18
Description
Carvana's stock price target soars after JPMorgan Chase's upgrade, fueling investor optimism about the online used car dealer's growth potential. Despite closing slightly up, Carvana faces challenges from new competition like the Hertz-Amazon partnership, but remains a strong performer, up over ninety-five percent this year, leaving investors wondering how the company will maintain its momentum in an increasingly competitive market.
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