Investing.com -- Carvana (NYSE:CVNA) stock rose 6% Thursday, rebounding after a sharp 14% selloff the previous day that was triggered by a short report from Gotham City Research, as Wall Street analysts came to the company’s defense. JPMorgan analyst Rajat Gupta disputed key allegations in the short report, noting it contained "an incorrect representation of service income" that overstated certain gaps by "~20x." BTIG analyst Marvin Fong, who maintains a Buy rating with a $535 price target, disputed several allegations in the short report. The short report had focused on Carvana’s relationship with DriveTime, a company owned by the father of Carvana’s CEO. Related articlesCarvana stock rises as analysts defend company following short reportJPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico EagleMicrosoft shares plummet on softer Azure momentum and higher capex