CarMax (KMX) weekly volatility elevated into Q1 EPS and outlook

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CarMax (KMX) PT Raised to $82 at BofA/Merrill Lynch Following 1Q

June 22, 2017 9:34 AM EDT

BofA/Merrill Lynch raised its price target on CarMax (NYSE: KMX) to $82.00 (from $80.00) while maintaining a Buy rating following the company's 1Q report. Analyst John Murphy continues to view KMX as a structural growth story, and reiterated the stock as one of the... More