Carvana stock has experienced a remarkable surge from around $4 to $40 this year, and it continues to climb, with an 11% increase on Monday, thanks to an upgrade. A team of J.P. Morgan analysts, led by Rajat Gupta, has raised their rating on Carvana shares from Underweight to Neutral, along with raising their price target to $40 from $25. This decision comes after a facility … [Read more...] about Carvana Stock Surges as J.P. Morgan Upgrades Rating
J.P. Morgan
AT&T Stock Plunges as J.P. Morgan Downgrades Rating
Shares of AT&T Inc. sank to a nine-month low on Friday after J.P. Morgan downgraded the telecommunications giant. The downgrade was a result of slowing growth drivers and uncertainty surrounding potential liabilities related to lead-sheathed cables. Analyst Downgrades Rating and Lowers Price Target Analyst Philip Cusick, who had previously given AT&T an overweight … [Read more...] about AT&T Stock Plunges as J.P. Morgan Downgrades Rating
