Shares of Carvana (NYSE: CVNA) surged 5.7% after positive analyst sentiment, with a consensus “Buy” rating and a price target of $411.53, indicating a 35.38% potential increase. The stock has seen 44 moves greater than 5% in the past year, suggesting today’s jump is significant but not game-changing.

Carvana’s recent drop was due to guidance on potential retail unit sales decline in the fourth quarter. Citi lowered its price target to $445 from $490, reflecting concerns around rising auto loan delinquencies and profit margins. Despite a 61.9% year-to-date increase, shares are still 18.3% below their 52-week high.

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Read more at Yahoo Finance: Why Carvana (CVNA) Stock Is Trading Up Today