Balfour Capital Group Researched CARVANA CO. on January 27, 2024.
Carvana Co. is an online used car retailer based in Tempe, Arizona. The company was the fastest growing online used car dealer in the United States and is known for its multi-story glass tower car vending machines. Carvana was named to the 2021 Fortune 500 list, one of the youngest companies to be added to the list.
We have established a Sell recommendation at $41.80 on January 27, 2024.
Our designated price target stands at $25.00.
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Balfour Capital Group wants to clarify that our recommendation to Sell CARVANA CO. (CVNA) is based on thorough research conducted by our
dedicated teams. We invest significant time and resources in analyzing market
trends, financial data, and industry insights to provide well-informed guidance.
However, it is important to note that our recommendation does not guarantee
any specific financial outcomes. The decision to act on our recommendation
should be made at your discretion. Please be aware that investments carry
inherent risks, and the value of investments can fluctuate, potentially resulting in
*THIS INFORMATION IS PROVIDED FOR COMMERCIAL AND INDICATIVE
PURPOSES ONLY AND MAY DIFFER FROM REALITY. PAST PERFORMANCE IS NOT
INDICATIVE OF FUTURE RESULTS. TRADING WITH LEVERAGE INVOLVES A
SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.*