RBC Capital Maintains Outperform on CarMax, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has maintained an Outperform rating on CarMax (NYSE:KMX) and increased the price target from $80 to $83.
December 22, 2023 | 2:03 pm
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RBC Capital analyst Steven Shemesh maintains an Outperform rating on CarMax and raises the price target from $80 to $83, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards CarMax's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price. The Outperform rating reaffirms the analyst's positive view on the company, which may influence market perception and investment decisions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100