Wedbush Starts CarMax (KMX) at Neutral, Used Unit Comps Seen Slowing
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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
