Analysts Weigh In: How Will Lower Rates Impact Carvana Stock?

Carvana Co. NYSE: CVNA is one of the best-performing retail stocks in 2024, up more than 230% as markets closed on September 24, 2024. This continues a run that started in late 2023 that has sent the stock up by more than 317%. The company is known for its "vending machine" approach to car buying that has been disruptive to the traditional used car buying process. Carvana Today CVNA Carvana $169.70 -3.00 (-1.74$25.09 ▼ $176.33 P/E Ratio 74.43 Price Target$153.88 Add to Watchlist In the las ...