Evercore ISI Group Maintains In-Line on CarMax, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani maintains an In-Line rating on CarMax (NYSE:KMX) but lowers the price target from $73 to $68.
June 20, 2024 | 2:40 pm
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Evercore ISI Group analyst Michael Montani maintains an In-Line rating on CarMax but lowers the price target from $73 to $68.
The lowered price target from $73 to $68 by Evercore ISI Group suggests a less optimistic outlook for CarMax's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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