Wedbush Starts CarMax (KMX) at Neutral, Used Unit Comps Seen Slowing
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/3/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- Equities close higher as softer jobs data quiets rate-hike expectations
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
CarMax (KMX) Subprime-Related Fears Overblown, Says Goldman
April 2, 2014 11:24 AM EDTGoldman Sachs maintained a Neutral rating on CarMax (NYSE: KMX) with a price target of $54.00. Analyst Matthew J. Fassler thinks fears related to CarMax's pursuit of subprime credit business are overblown.
"There is clearly some stigma around subprime, given challenges in subprime mortgage lending during the financial crisis, and notwithstanding better experiences... More
