Top Upgrades: Evercore ISI upgraded CarMax (KMX) to Outperform from In Line with a price target of $110, up from $90. The firm sees the company’s improving comp and share trends persisting amid ...
In recent trading, shares of Carmax Inc. (Symbol: KMX) have crossed above the average analyst 12-month target price of $84.57, changing hands for $85.28/share. When a stock reaches the target an ...
KMX faces declining revenues and affordability issues, with average selling prices of used vehicles dropping for eight consecutive quarters. Competition from Carvana is intensifying, with CVNA ...
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