Form 8-K CARMAX INC For: Sep 22

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Stifel Puzzled by Reaction to CarMax (KMX) Following Q2 Results; Remains Buyer on Weakness

September 23, 2015 8:01 AM EDT

Stifel affirms CarMax (NYSE: KMX) with a Buy rating and $80 price target following the company's Q2 report on Tuesday night.

Analyst James Albertine noted that KMX's Q2 EPS of $0.82 compared with the firm's $0.75 estimate.

Albertine offered the following commentary on KMX:

We were saddened to hear of famed baseball player Yogi Berra's passing yesterday, but oddly enough,... More