On Oct 16, major Wall Street analysts update their ratings for $CarMax (KMX.US)$, with price targets ranging from $65 to $90.
J.P. Morgan analyst Rajat Gupta CFA maintains with a sell rating, and maintains the target price at $65.
Needham analyst Chris Pierce maintains with a buy rating, and maintains the target price at $90.
RBC Capital analyst Steven Shemesh maintains with a buy rating, and maintains the target price at $82.
Truist Financial analyst Scot Ciccarelli maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $CarMax (KMX.US)$'s main analysts recently are as follows:
Prior to Q3 earnings disclosures, there has been a downward revision in North American auto production forecasts based on Q3 outcomes and statements from original equipment manufacturers indicating a continued focus on production discipline. It has been noted that suppliers are not reaping the same benefits from robust pricing as manufacturers and dealers. These revisions account for changes in estimates as well as modifications in multiples to represent the more challenging economic conditions affecting suppliers.
Here are the latest investment ratings and price targets for $CarMax (KMX.US)$ from 4 analysts:
Note:
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