America’s Car-Mart price target lowered to $29 from $34 at Jefferies

Jefferies analyst John Hecht lowered the firm’s price target on America’s Car-Mart (CRMT) to $29 from $34 and keeps a Hold rating on the shares. Heading into 2026, the company has focused on its balance sheet and structural positioning that enhances its positioning for both the current environment, in which tariff impacts and capital constraints have presented headwinds, and also as the industry moves towards a recovery cycle, the analyst tells investors in a research note. The firm added that progress in America’s Car-Mart’s cost savings, buy/sell maneuvers, sequential improvement in margins, and lower DQs were all positive indications in the recent quarter.