On Oct 17, 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.
Evercore analyst Michael Montani maintains with a hold rating, and maintains the target price at $79.
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:
CarMax has been fortifying its foundation for a seamless customer experience, which is anticipated to bolster market share, improve profit margins, and create profitable alternative revenue streams. It is acknowledged that the enhancement of speed and efficiency combined with providing a seamless omnichannel experience will be advantageous in the long run. Nonetheless, the current unpredictable consumer environment, credit trends, and issues with affordability are factors that suggest a cautious approach for the time being.
Here are the latest investment ratings and price targets for $CarMax (KMX.US)$ from 5 analysts:
Note:
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