Wedbush's updated price target of $400 implies a 29% upside for shares of Carvana.
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Barclays sees shares of Carvana rising 19% from here.
Oppenheimer believes that Carvana could continue growing its market share within the used-car space, further helping drive sales.
The online used car retailer reported retail sales of 187,393 units, a 40% increase compared with a year earlier.
Michael Khouw breaks down how to trade Carvana through options going forward.
Carvana is likely to notch less growth this year due to worsening macroeconomic conditions tied to the Iran war, per Bank of…
The bank initiated coverage of the used-car e-commerce platform with a buy rating.
