Wedbush Maintains Outperform on CarMax, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains an Outperform rating on CarMax (KMX) and raises the price target from $90 to $100.
April 02, 2024 | 8:13 pm
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POSITIVE IMPACT
Wedbush analyst Seth Basham maintains an Outperform rating on CarMax and raises the price target from $90 to $100.
The increase in price target by a reputable analyst suggests a positive outlook on CarMax's future performance, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100