CarMax (KMX) PT Lowered to $73 at Seaport Global Securities
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Morgan Stanley Sees Room for Used Car Prices to Fall Further
December 27, 2022 2:48 PM ESTThe analyst comments "Last week we saw KMX print their greatest same store volume decline since the GFC (ex-COVID), a testimony to the supply/ demand imbalances still present in the used car market. Although prices have come down, we see room for used car prices to decrease significantly from... More
