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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Carvana shares surged nearly 8% after Jefferies reiterated its bullish stance on the stock. Jefferies maintained a 'Buy' rating with a $485 price target, implying a potential 67% upside. The optimism is driven by stronger-than-expected retail unit growth and improving pricing trends in Q1.