Barclays highlights Carvana (CVNA) momentum in used vehicle market despite sluggish new sales
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Barclays analyst John Babcock has raised the price target for Carvana Co. (NYSE:CVNA) from $465 to $530, maintaining an Overweight rating. Despite sluggish new vehicle sales, Carvana is highlighted as a strong stock to buy and hold through 2026, reflecting positive momentum in the used vehicle market.
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