this article is about big money people, called "whales", who are buying a lot of shares in a company called Carvana. They are buying the shares because they think the price will go up. The article talks about how these big money people are buying the shares and what their plans might be for the future. The company Carvana sells used cars online and makes money from selling the cars and other things like insurance and loans. The article also tells us what some people who know a lot about companies, called "analysts", think about Carvana and how they feel about the company's future. Read from source...

Check Out What Whales Are Doing With CVNA. The article appears to favor Carvana (CVNA) and present a rather bullish stance despite analyst opinions varying between Neutral and Underweight. The author seems to ignore the potential risks and instead, focuses on the benefits CVNA might have, relying heavily on data like open interest, volume, and price targets. However, the author does not give any concrete evidence on how this bullish outlook will materialize, and what factors can support or hinder this outlook. The article also fails to provide a comprehensive overview of Carvana's current standing, recent performance, future prospects, and competition. Moreover, the text is written in a somewhat cryptic and convoluted style, which makes it difficult to understand, especially for readers less familiar with financial jargon.

Based on the Benzinga Insights article, it appears that whales, or large investors, are taking a bullish stance on Carvana (CVNA). Options history for CVNA shows that 50% of the investors opened trades with bullish expectations, and 34% with bearish. The price territory for CVNA over the next three months is expected to range from $75.0 to 200.0. In terms of liquidity and interest, the mean open interest for CVNA options trades today is 1539.86, with a total volume of 12,069.00.

Carvana is an e-commerce platform for buying and selling used cars, generating revenue from used vehicle sales, wholesale vehicle sales, and other sales and revenues. The company's stock is currently trading at $156.0, with a trading volume of 924,340. The current RSI values suggest the stock may be approaching overbought. The next earnings report for Carvana is scheduled for 73 days from now.

Analysts have shared their insights on CVNA, proposing an average target price of $152.0. Morgan Stanley maintains its Underweight rating on Carvana, with a target price of $110. DA Davidson persists with its Neutral rating on Carvana, maintaining a target price of $155. Wedbush lowers its rating to Neutral with a new price target of $120. Needham maintains their Buy rating on Carvana, with a target price of $200. Wells Fargo upgraded its action to Overweight with a price target of $175.

Investors should consider the risks and potential rewards associated with investing in CVNA, given the current bullish sentiment from large investors and target price predictions from analysts. It is crucial to conduct due diligence and seek professional financial advice before making investment decisions.