Carvana gets its first upgrade since Hindenburg short-selling report
Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying opportunity.
JPMorgan Sticks With Outperform Call on Carvana Despite Short-Seller Report
Key Takeaways Carvana stock dropped for the second day in a row after Hindenburg Research disclosed a short position in the company.However, JPMorgan analysts said their own research into Carvana hasn't revealed any "red flags.
Carvana Defended by J.P. Morgan After Hindenburg Short Report. Stock Falls Anyway.
Carvana fell again Friday a day after short-seller Hindenburg Research criticized the used-car retailer in an extensive report even as Wall Street rushed in to defend the company. Hindenburg said it took a short position in Carvana’s shares,
Here are the reasons not to worry too much about short-seller report on Carvana, according to these analysts
Analysts at J.P. Morgan sought to assuage investors on Friday about Carvana Co. after the online used-car sales platform drew intense criticism from short-seller Hindenburg Research, saying that their own work on the company “has not suggested any red flags.”
Wall Street analysts defend Carvana after short-seller report
Carvana (NYSE:CVNA) shares remain under selling pressure and are down for a fifth consecutive day as Hindenburg’s short-seller report coupled with bearish technical indicators continues to weigh on the stock.
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