CarMax (KMX) Q4 Revenue Misses Views
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CarMax (KMX) PT Lowered to $98 at BofA/Merrill Lynch Following 4Q
April 5, 2018 8:41 AM EDTBofA/Merrill Lynch lowered its price target on CarMax (NYSE: KMX) to $98.00 (from $104.00) while maintaining a Buy rating following the company's 4Q. KMX's same-store unit sales declined 8.0% YoY in 4Q, well below the strong pace of 5%+ in 1H:18 and the 3.5%+ pace for the... More
CarMax (KMX) PT Lowered to $74 at RBC Capital, Remain Buyers
April 5, 2018 7:06 AM EDTRBC Capital lowered its price target on CarMax (NYSE: KMX) to $74.00 (from $78.00) while maintaining a Outperform rating.
Analyst Scot Ciccarelli said while headwinds could persist in 1Q, they expect improvement in 2Q and beyond. "We would be buyers at current levels," he said.
... More