Expert Ratings for CarMax
Portfolio Pulse from Benzinga Insights
CarMax (NYSE:KMX) has received 12 analyst ratings in the last quarter, with 7 somewhat bullish and 5 indifferent, and no bearish or very bullish ratings. The average 12-month price target among these analysts is $82.17, which is a 4.3% decrease from the previous target of $85.86. The high target is $90.00 and the low is $70.00.
November 16, 2023 | 3:00 pm
News sentiment analysis
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CarMax has a majority of somewhat bullish ratings and a stable outlook with no bearish ratings. The average price target has decreased by 4.3%, indicating a potential downside according to analysts.
The decrease in the average price target suggests that analysts expect a potential decrease in CarMax's stock price in the short term. The lack of bearish ratings, however, indicates that the sentiment is not strongly negative, but the reduction in target price could lead to a negative perception among investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100