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0.00119606456176447 0.00164619638608443 0.000578740916982738 0.000578740916982738 0.000578740916982738 0.000578740916982738 0.000578740916982738 0.000578740916982738
Stock impact report

Morgan Stanley analyst updates Carvana stock ahead of earnings [Yahoo! Finance]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Yahoo! Finance
But the stock has recovered nicely over the past month, climbing nearly 40% and putting shares back 1% higher than they were when the year started. While investors seem confident heading into the release of first-quarter earnings results on Wednesday, April 28, analysts at Morgan Stanley urge them to "be opportunistic on near-term volatility and pay attention to the new car dealership strategy," according to a note emailed to TheStreet. Earlier this year, Carvana acquired its seventh Stellantis dealership , expanding its U.S. footprint, including in markets like Massachusetts, California, Arizona, Texas, and Georgia. The move allows the traditional used car retailer to now also sell new cars The firm sees Carvana investors as generally bullish long-term, while being tactically cautious heading into the Q1 print after being bitten in Q4 last year. However, despite greater exposure, the longer the Iran War continues, the more likely large oil-price shocks are to lower durable g Show less Read more
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