Evercore ISI Group Maintains In-Line on CarMax, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani has maintained an 'In-Line' rating on CarMax (NYSE:KMX), but lowered the price target from $80 to $79.
September 25, 2023 | 2:03 pm
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NEGATIVE IMPACT
CarMax's price target has been lowered from $80 to $79 by Evercore ISI Group, though the 'In-Line' rating is maintained.
The lowering of the price target by Evercore ISI Group indicates a slightly less optimistic outlook for CarMax's stock. This could potentially lead to a short-term negative impact on the stock price, despite the maintained 'In-Line' rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100