JP Morgan Maintains Underweight on CarMax, Raises Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Rajat Gupta maintains an Underweight rating on CarMax (NYSE:KMX) and raises the price target from $55 to $60.
June 26, 2023 | 2:34 pm
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NEUTRAL IMPACT
JP Morgan maintains an Underweight rating on CarMax (NYSE:KMX) and raises the price target from $55 to $60.
JP Morgan's decision to maintain an Underweight rating on CarMax while raising the price target from $55 to $60 indicates a cautious outlook on the stock. The price target increase may have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100