macro

BNP Paribas keeps Carvana at Neutral but cuts target to $67

BNP Paribas kept its Neutral rating on Carvana and lowered its price target from $69 to $67. TradingView reports the move, citing Benzinga data.

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what happened

BNP Paribas kept its Neutral rating on Carvana shares but reduced its price target from $69 to $67, a cut of about 2.9%. According to TradingView, the new target implies roughly 13.5% upside from the October 28 close of $59.05.

The same publication lists recent calls from other brokers on the stock, with targets ranging from $67 to $100. The data is provided by Benzinga.

why it matters

A lower price target with an unchanged rating is usually a modest signal for the market, since it reflects valuation rather than a change in the business outlook. The spread of targets across analysts shows that views on the stock remain mixed.

tags

instruments

Carvana

sources

  1. BNP Paribas maintains Carvana at Neutral, lowers price target to $67 from $69 — TradingView, 29 October 2026 at 17:56 UTC
  2. BNP Paribas maintains Chipotle Mexican Grill at Neutral, lowers price target to $36 from $39 — TradingView, 29 October 2026 at 17:54 UTC
  3. BNP Paribas maintains Waste Management at Neutral, lowers price target to $245 from $248 — TradingView, 29 October 2026 at 17:51 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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