RBC Capital Maintains Outperform on CarMax, Maintains $83 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Steven Shemesh has maintained an Outperform rating on CarMax (KMX) with a price target of $83, indicating a positive outlook on the company's stock.
April 08, 2024 | 4:11 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on CarMax with a $83 price target, reflecting a positive sentiment towards the company's stock.
The maintenance of an Outperform rating and a high price target by a reputable analyst like Steven Shemesh from RBC Capital suggests a strong belief in CarMax's potential for growth. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100