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Fly News Breaks for December 7, 2016
KMX
Dec 7, 2016 | 09:01 EDT
Northcoast analyst John Healy said checks indicate used vehicle retail market continued to outperform the new market in November, which an ever-growing supply of quality late model used vehicles. He believes sales trends at CarMax have improved and based on the demand environment, and easier comps, raised his Q3 earnings estimate to 74c from 72c. Healy rates Carmax a Neutral.
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