Carvana stock jumps 5% as Barclays lifts target and a February earnings test looms
Carvana shares rose about 5% to $478.45 Thursday, outperforming the broader market. Barclays raised its price target to $530, citing steadier used-vehicle conditions. The company will report fourth-quarter and full-year earnings after markets close on Feb. 18. Wholesale used-car prices climbed 1.8% in early January, according to Cox Automotive.