TGT--
TLDR--
$CVNA Downgrade TLDR BofA Michael McGovern downgrades from buy to neutral, target to 360 from 400. Call based on stretched lower and middle income consumers. 2 year yield heading in unfavorable direction for financing. Consumer loan delinquency rates rising across auto, student loans, credit card and mortgages.

Comments



Add a public comment...
No comments

No comments yet

Disclaimer: The above is a summary showing certain market information. Ainvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing, All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market.Report an Issue