Needham Maintains Buy on CarMax, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on CarMax (NYSE:KMX) and raises the price target from $87 to $90.
September 30, 2024 | 9:53 am
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Needham analyst Chris Pierce has reiterated a Buy rating for CarMax and increased the price target from $87 to $90, indicating a positive outlook.
The increase in the price target from $87 to $90 by Needham suggests a positive outlook for CarMax, likely leading to a short-term positive impact on the stock price. The Buy rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100