The Latest Analyst Ratings For CarMax
Portfolio Pulse from Benzinga Insights
In the past three months, 16 analysts have rated CarMax (NYSE:KMX), with a mix of bullish and bearish perspectives. The average 12-month price target has increased by 1.89% to $84.12. Analysts have adjusted their ratings and price targets based on market conditions and company performance. CarMax, the largest used-vehicle retailer in the US, faces challenges with a slight revenue decline but maintains strong profitability and asset management.
October 22, 2024 | 6:01 pm
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NEUTRAL IMPACT
CarMax has received mixed analyst ratings over the past three months, with a slight increase in the average price target to $84.12. Despite a small revenue decline, CarMax shows strong profitability and efficient asset management.
The mixed analyst ratings and slight increase in price target suggest a neutral short-term impact on CarMax's stock price. The company's strong profitability and asset management offset the revenue decline, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100