Goldman Raises Numbers on CarMax (KMX)
Tweet
Share
E-mailGet Alerts KMX Hot Sheet
Price: $69.78 +2.80%
Rating Summary:
17 Buy, 14 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
Rating Summary:
17 Buy, 14 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
Join SI Premium – FREE
Goldman Sachs maintained a Buy rating on CarMax (NYSE: KMX) and raised its price target to $44.00 (from $42.00).
"The firm operates a differentiated concept that is executing more effectively, and looks further poised to benefit from an improving backdrop for its core late model used car category," said analyst Matthew J. Fassler. "We see this dynamic providing distinctive support against a tougher retail sector in 2013."
Goldman raised 2012 EPS estimates to $1.86 from $1.79, 2013 to $2.06 from
$2.02, and 2014 to $2.36 from $2.32.
For an analyst ratings summary and ratings history on CarMax click here. For more ratings news on CarMax click here.
Shares of CarMax closed at $37.97 yesterday.
"The firm operates a differentiated concept that is executing more effectively, and looks further poised to benefit from an improving backdrop for its core late model used car category," said analyst Matthew J. Fassler. "We see this dynamic providing distinctive support against a tougher retail sector in 2013."
Goldman raised 2012 EPS estimates to $1.86 from $1.79, 2013 to $2.06 from
$2.02, and 2014 to $2.36 from $2.32.
For an analyst ratings summary and ratings history on CarMax click here. For more ratings news on CarMax click here.
Shares of CarMax closed at $37.97 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AGNC Investment Corp (AGNC) PT Lowered to $10.25 at Jones Trading
- Fiserv (FI) PT Raised to $200 at Evercore ISI
- W.R. Berkley (WRB) PT Lowered to $85 at Evercore ISI
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
