Wedbush Reiterates Outperform on CarMax, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has reiterated an Outperform rating on CarMax (NYSE:KMX) and maintained a price target of $90.
January 17, 2024 | 1:20 pm
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POSITIVE IMPACT
Wedbush analyst Seth Basham reaffirmed an Outperform rating on CarMax and kept the price target at $90.
The reiteration of an Outperform rating by a reputable analyst like Seth Basham could positively influence investor sentiment and potentially lead to a short-term increase in CarMax's stock price. The maintained price target of $90 suggests a level of confidence in the company's future performance and may reinforce investor optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100