JPMorgan raised the firm’s price target on CarMax (KMX) to $65 from $58 and keeps a Neutral rating on the shares. The firm established a December 2026 price target ahead of the company’s Q2 report. Web traffic suggests weakness through the quarter for CarMax, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMX:
- CarMax’s Strategic Challenges and Competitive Pressures Lead to Hold Rating
- CarMax: Outperform Rating Backed by Strong EPS Growth Despite Flat Sales
- Early notable gainers among liquid option names on August 27th
- CarMax launches new ‘Wanna Drive?’ brand positioning, tagline
- Carvana, CarMax lower after Hertz says to list used vehicles on Amazon