CarMax (KMX) Stock Continues to Slide on Guggenheim Downgrade to Neutral, Other Analysts More Positive as Supply Chain Issues Seen as Transitory
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Guggenheim Downgrades CarMax (KMX) to Neutral
October 1, 2021 9:23 AM EDTGuggenheim analyst Ali-Ahmad Faghri downgraded CarMax (NYSE: KMX) from Buy to Neutral.
For an analyst ratings summary and ratings history on CarMax click here. For more ratings news on CarMax click here.
Shares of CarMax closed at $127.96 yesterday.
... MoreUPDATE: Wolfe Research Assumes CarMax (KMX) at Outperform, 'Pullback Attractive as Payoff from Digital Investments Picks Up'
October 1, 2021 6:27 AM EDT(Updated - October 1, 2021 6:28 AM EDT)
Wolfe Research analyst Greg Badishkanian assumes coverage on CarMax (NYSE: KMX) with a Outperform rating and a price target of $160.00.
The analyst comments "We are assuming coverage of CarMax (KMX) and adjusting our investment rating to... More
CarMax (KMX) Stock Price is Down After Reporting Q2 Results, Here's Why
September 30, 2021 9:21 AM EDTShares of CarMax (KMX) are down over 7.5% in pre-open Thursday after the car retailer reported worse-than-expected profit results for its second quarter.
CarMax stock price fell after the company said it recorded a Q2 EPS of $1.72, lower than the Street estimate of $1.90. Revenue for the quarter came in at... More