A recent report from Barrington now gives online auto retail company Carvana and 'hold' rating.
According to TipRanks.com, Gary Prestopino from Barrington who gave the rating is a 3-star analyst with an average return of 2.0% and a 53.0% success rate. Prestopino covers the Services sector, focusing on stocks such as US Auto Parts Network, Kar Auction Services, and Ritchie Bros.
Carvana Co has an analyst consensus of Moderate Buy, with a price target consensus of $89.78, a 15.7% upside from current levels. In a report issued on November 7, Wedbush also maintained a Hold rating on the stock with a $75.00 price target.
Based on Carvana Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $39.02 million. In comparison, last year the company had a GAAP net loss of $16.04 million.
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