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Analysts Conflicted on These Consumer Cyclical Names: CarMax (KMX) and Red Robin Gourmet (RRGB)

Tipranks - Fri Jun 19, 5:02AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on CarMax (KMX) and Red Robin Gourmet (RRGB).

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CarMax (KMX)

Needham analyst Chris Pierce reiterated a Hold rating on CarMax today. The company’s shares closed last Wednesday at $47.43.

According to TipRanks.com, Pierce has 0 stars on 0-5 stars ranking scale with an average return of -7.2% and a 38.4% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and Aurora Innovation. ;'>

Currently, the analyst consensus on CarMax is a Hold with an average price target of $39.50, representing a -21.0% downside. In a report issued on June 5, William Blair also maintained a Hold rating on the stock.

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Red Robin Gourmet (RRGB)

In a report released yesterday, Jeremy Hamblin from Craig-Hallum maintained a Buy rating on Red Robin Gourmet. The company’s shares closed last Wednesday at $6.31.

According to TipRanks.com, Hamblin is a 4-star analyst with an average return of 8.7% and a 50.0% success rate. Hamblin covers the NA sector, focusing on stocks such as Lucky Strike Entertainment, Savers Value Village Inc., and Destination XL. ;'>

Red Robin Gourmet has an analyst consensus of Strong Buy, with a price target consensus of $9.50.

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