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Was Carvana's Stock Price Explosion Justified?


Fool.com contributor and finance professor Parkev Tatevosian evaluates an update from (NYSE: CVNA) management that said the company expects to make more money per car than initially expected.

*Stock prices used were the afternoon prices of June 8, 2023. The video was published on June 10, 2023.

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Source Fool.com

Carvana Co. Stock

€57.45
2.980%
There is an upward development for Carvana Co. compared to yesterday, with an increase of €1.61 (2.980%).
With 57 Buy predictions and not a single Sell prediction Carvana Co. is an absolute favorite of our community.
Based on the current price of 57.45 € the target price of 398 € shows a potential of 592.78% for Carvana Co. which would more than double the current price.
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