Used car retailer CarMax posts 33% drop in first-quarter profit
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CarMax (KMX) PT Raised to $75 at RBC Capital
June 24, 2024 6:20 AM EDTRBC Capital analyst Steven Shemesh raised the price target on CarMax (NYSE: KMX) to $75.00 (from $73.00) while maintaining a Outperform rating.
The analyst comments "Some puts and takes, but ultimately not a thesis changing quarter. We now model FY25/FY26 net sales growth -3.8%/+3.1% (-2.7%/+3.7% prior) and EPS... More
CarMax (KMX) PT Raised to $70 at Truist Securities
June 21, 2024 1:09 PM EDTTruist Securities analyst Scot Ciccarelli raised the price target on CarMax (NYSE: KMX) to $70.00 (from $66.00) while maintaining a Hold rating.
The analyst comments "1Q was in-line with our/investors muted expectations. While affordability modestly improved (APSs down ~3%), sales trends remain challenged, with used unit comps... More
