JPMorgan upgrades this car selling marketplace, says tariff worries are overblown
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最新报道：JPMorgan upgraded Carvana's stock rating to overweight, citing the online used-car marketplace's strong execution and improving fundamentals. Analyst Rajat Gupta raised the price target to $180 from $120, noting Carvana's cost-cutting measures and operational efficiencies are driving profitability. Despite concerns over potential tariffs on imported vehicles, JPMorgan believes the impact would be limited as most of Carvana's inventory is sourced domestically. The firm expects Carvana's adjusted EBITDA to turn positive in 2025, with further margin expansion ahead. Shares rose 8% following the upgrade, continuing their recovery from 2022 lows.
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