RBC Capital Keeps Outperform Rating on Carvana (CVNA)
Key takeaways
- RBC Capital Keeps Outperform Rating on Carvana (CVNA) Jeff Lewis Mon, June 29, 2026 at 11:14 PM GMT+7 1 min read CVNA Carvana Co.
- On June 12, 2026, RBC Capital lowered its price target on Carvana Co.
- Copyright: antonioguillem / 123RF Stock Photo
RBC Capital Keeps Outperform Rating on Carvana (CVNA) Jeff Lewis Mon, June 29, 2026 at 11:14 PM GMT+7 1 min read CVNA Carvana Co. (NYSE:CVNA) is one of the 10 Interest Rate Sensitive Stocks to Buy Now.
On June 12, 2026, RBC Capital lowered its price target on Carvana Co. (NYSE:CVNA) to $85 from $92 and kept an Outperform rating. RBC Capital updated its retail unit cohort model to gauge market share gain expectations embedded in Street estimates. The firm said its main takeaway is that the Street's implied FY26 and FY27 market share gains appear a bit more aggressive than in prior years.
Last month, Baird analyst Craig Kennison raised the firm's price target on Carvana Co. (NYSE:CVNA) to $88 from $80 previously and kept an Outperform rating on the shares. Kennison updated Baird's model following Carvana's 5:1 stock split.