Basham sees fourth-quarter and full-year results from Carvana coming in below consensus estimates. "While CVNA has surprised to the upside in the last two quarters, we see less opportunity for an upside surprise in 4Q unless costs were cut more than expected." Here are other recent analyst ratings for Carvana: JMP Securities : Reiterates Market Outperform, $60 price target Raymond James : Downgrade shares from Market Perform to Underperform, no price target Key Items to Watch : Recent reports indicate Carvana is continuing to work on restructuring efforts that include reducing debt to end concerns of bankruptcy.