Truist Securities Maintains Hold on CarMax, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on CarMax (NYSE:KMX) but lowered its price target from $75 to $72.
September 27, 2024 | 2:08 pm
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Truist Securities has maintained a Hold rating on CarMax but lowered its price target from $75 to $72, indicating a slightly less optimistic outlook.
The lowering of the price target by Truist Securities suggests a slightly less optimistic view on CarMax's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100