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Fly News Breaks for December 24, 2018
KMX
Dec 24, 2018 | 09:06 EDT
Guggenheim analyst Ali Faghri upgraded CarMax to Buy from Neutral, citing the stock's valuation being near a historical trough. Faghri set a $76 price target on CarMax shares.
News For KMX From the Last 2 Days
KMX
Mar 28, 2024 | 09:41 EDT
Seaport Research analyst Glenn Chin raised the firm's price target on CarMax to $100 from $88 and keeps a Buy rating on the shares. Recent channel checks and data suggest there has been significant improvement in comparable store unit performance in recent weeks, the analyst tells investors. Despite the stock's recent outperformance, the firm believes there is "more room to run," and, as fundamentals continue to improve, shares will continue to work.