Wedbush raised the firm’s price target on CarMax (KMX) to $100 from $95 and keeps an Outperform rating on the shares. CarMax reported Q3 results that beat expectations on both the top and bottom lines, the analyst tells investors in a research note. The firm looks positively on the comp trends that accelerated each month of the quarter, and notes that CarMax highlighted unit comps accelerating in Q4-to-date.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on KMX:
- CarMax price target raised to $103 from $99 at RBC Capital
- CarMax price target raised to $72 from $70 at JPMorgan
- CarMax Inc. Reports Robust Earnings Growth in Q3 FY2025
- CarMax price target raised to $88 from $72 at Truist
- Early notable gainers among liquid option names on December 19th
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
