RBC downgrades Carvana, says car dealer after earnings beat

RBC Capital Markets thinks it’s time to sell Carvana even after its recent earnings beat. Analyst Brad Erickson downgraded Carvana to sector underperform and said any upside from the online car retailer’s better-than-expected second-quarter results was more than appreciated. liquidity risks again – a big positive for stocks. By sticking to the fundamentals, we’re going […]