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Fly News Breaks for December 9, 2016
KMX
Dec 9, 2016 | 07:20 EDT
Oppenheimer analyst Brian Nagel raised his price target for CarMax to $72 from $66 to reflect his positive intermediate to longer-term outlook. The analyst recommends clients stay focused upon prospects for better results in coming quarters and use any potential share price weakness around the Q3 report as a buying opportunity. He reiterates an Outperform rating on the shares.
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