Stephens & Co. Maintains Overweight on America's Car-Mart, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Vincent Caintic has maintained an Overweight rating on America's Car-Mart (NASDAQ:CRMT) but reduced the price target from $135 to $83.

December 06, 2023 | 5:07 pm
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America's Car-Mart's Overweight rating is maintained by Stephens & Co., but the price target is lowered from $135 to $83, indicating a potential downside compared to the previous target.
The reduction in the price target for America's Car-Mart by Stephens & Co. suggests that the analyst sees less upside potential for the stock, which could lead to a negative short-term impact on its price. The Overweight rating indicates a positive view on the stock's fundamentals, but the significant decrease in the price target may overshadow this and lead to bearish sentiment among investors.
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IMPORTANCE 85
RELEVANCE 100