Truist Securities Maintains Hold on CarMax, Raises Price Target to $82
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Scot Ciccarelli maintains a Hold rating on CarMax (NYSE:KMX) and raises the price target from $64 to $82.
June 26, 2023 | 3:51 pm
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Truist Securities maintains a Hold rating on CarMax (NYSE:KMX) and raises the price target from $64 to $82.
The news of Truist Securities maintaining a Hold rating on CarMax and raising the price target from $64 to $82 indicates that the analyst sees potential growth in the stock price. However, the Hold rating suggests that the analyst does not expect significant short-term price movement. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100