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Analysts Conflicted on These Consumer Goods Names: CarMax (KMX) and Rite Aid (RAD)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on CarMax (KMXResearch Report) and Rite Aid (RADResearch Report).

CarMax (KMX)

In a report issued on September 30, Rajat Gupta CFA from J.P. Morgan maintained a Hold rating on CarMax, with a price target of $70.00. The company’s shares closed last Friday at $66.02, close to its 52-week low of $63.61.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 10.8% and a 50.8% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Group 1 Automotive, Shift Technologies, and Sonic Automotive.

CarMax has an analyst consensus of Moderate Buy, with a price target consensus of $87.89, representing a 35.2% upside. In a report issued on September 30, Wedbush also maintained a Hold rating on the stock with a $70.00 price target.

See today’s best-performing stocks on TipRanks >>

Rite Aid (RAD)

In a report issued on September 30, Lisa Gill from J.P. Morgan maintained a Sell rating on Rite Aid, with a price target of $5.00. The company’s shares closed last Friday at $4.95, close to its 52-week low of $4.68.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 15.7% and a 60.0% success rate. Gill covers the Healthcare sector, focusing on stocks such as Alignment Healthcare, Privia Health Group, and Option Care Health.

The word on The Street in general, suggests a Strong Sell analyst consensus rating for Rite Aid with a $4.17 average price target, a -16.9% downside from current levels. In a report issued on September 30, Evercore ISI also maintained a Sell rating on the stock with a $4.50 price target.

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