CarMax rises premarket; Virgin Galactic and Starbucks fall

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CarMax (KMX) PT Raised to $80 at CFRA

June 23, 2023 9:20 AM EDT

CFRA analyst Garrett Nelson raised the price target on CarMax (NYSE: KMX) to $80.00 (from $70.00) while maintaining a Hold rating.

The analyst commented, "While KMX exceeded low investor expectations, we think pricing and volume trends are likely to remain difficult under a "higher... More