Carvana has a ‘competitive moat’ over CarMax. But don’t sleep on CarMax’s stock, Morgan Stanley says.

Carvana has a ‘competitive moat’ over CarMax. But don’t sleep on CarMax’s stock, Morgan Stanley says.



Carvana has a ‘competitive moat’ over CarMax. But don’t sleep on CarMax’s stock, Morgan Stanley says.
Morgan Stanley cuts its price target on CarMax shares but sees upside despite competition from Carvana.



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