B of A Securities Maintains Underperform on America's Car-Mart, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy has maintained an Underperform rating on America's Car-Mart (NASDAQ:CRMT) and lowered the price target from $55 to $50.
April 10, 2024 | 12:06 pm
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NEGATIVE IMPACT
America's Car-Mart's stock rating was maintained at Underperform by B of A Securities, with a reduced price target from $55 to $50.
The maintenance of an Underperform rating combined with a lowered price target suggests a negative outlook on the stock's short-term performance. This could lead to decreased investor confidence and a potential decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100