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Fly News Breaks for September 25, 2019
KMX
Sep 25, 2019 | 07:13 EDT
Stephens analyst Rick Nelson raised his price target on CarMax shares to $103 from $95, noting that its Q2 EPS beat estimates and its first omni-channel market in Atlanta "impressively" continues to post double-digit same-store sales growth. The analyst, who believes the rollout of omni-channel capabilities is "a game changer" for CarMax, reiterated his Overweight rating on the stock.
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