BGB Securities Downgrades CarMax (KMX) to Hold

April 3, 2009 2:24 PM EDT

BGB Securities downgrades CarMax (NYSE: KMX) from Buy to Hold.

Shares of CarMax surged more than 6% yesterday on a Q4 earnings surprise. The stock, however, is correcting slightly today, currently down nearly 8%.

Several other analysts commented on shares of CarMax today following the results. Click here to see all the analyst action on CarMax.

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States.


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KMX 20.75

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