CarMax (KMX) Reports In-Line Q1 EPS; Used Comps Rose 4.9%

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Sterne Agee CRT Remains Bullish on CarMax (KMX) Following 1Q15 Results

June 22, 2015 6:56 AM EDT

Sterne Agee CRT reiterates a Buy rating and $87.00 price target on CarMax (NYSE: KMX) following 1Q15 results. Top-line growth came in lower than expected, causing shares to trade lower on Friday. However, analyst Ali Faghri says that underlying demand remains strong, and fundamentals continue to... More