Tag: Advises
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Wedbush Advises Buying the Dip in This Former Meme Stock
In a fresh bullish call on Carvana (CVNA), Wedbush Securities is urging investors to “take advantage” of the recent weakness, upgrading CVNA stock from “Neutral” to “Outperform” and raising the 12-month price target to $400. Analyst Scott Devitt says the selloff — driven by CarMax’s (KMX) soft results and broader credit-market concerns — has pushed…