As of the time of this report, the stock has risen over 6%, trading at 201.49 dollars.
According to Zhituo Finance APP, on Tuesday, the stock price of the USA second-hand car e-commerce platform Carvana (CVNA.US) rose, exceeding 6% as of the time of this report, priced at $201.49. The Royal Bank of Canada (RBC) upgraded the company's rating, stating that the recent pullback provides a bottom-fishing opportunity. This is the first upgraded rating received since short sellers set their sights on the company. Analysts Brad Erickson and Khadijah Gibson upgraded the stock rating to 'Buy' and raised the target price from $270 to $280.