Fintel reports that on January 9, 2025, RBC Capital upgraded their outlook for Canadian Imperial Bank of Commerce (NYSE:CM) from Sector Perform to Outperform. Analyst Price Forecast Suggests 5.90% Upside As of December 23,

Fintel reports that on January 7, 2025, RBC Capital upgraded their outlook for Carvana (NYSE:CVNA) from Sector Perform to Outperform. Analyst Price Forecast Suggests 30.86% Upside As of December 23, 2024,

Acknowledging that there is skepticism surrounding its business model and ability to sustain profitability targets, RBC Capital joins the growing list of bulls in support of Carvana, raising its rating on the stock to Outperform from Sector Perform on the upside potential to retail unit estimates and a clearer path to durable free cash flow.