Carmax Inc KMX:NYSE

Last Price$96.29Cboe Real-Time Last Sale as of 10:46AM ET 11/12/19
Cboe Real-Time Quotes
Realtime quote and/or trade prices are not sourced from all markets
Today's Change+2.13(2.26%)
Bid (Size)$96.26 (100)
Ask (Size)$96.34 (150)
Day Low / High$93.80 - 96.46
Volume272.1 K

Analyst Actions: RBC Raises Price Target on CarMax to $86 From $78, Maintains Outperform Rating

11:11AM ET 5/01/2019 MT Newswires
RBC Capital said Wednesday it has raised CarMax (KMX) price target to $86 from $78, while reiterating its outperform rating.

While the broker said it believes the company has been adversely impacted by high used vehicle prices, market share losses to on-line competitors like Carvana and relatively poor "value" showings through the marketplace windows, industry prices are moderating, early omni-channel reception is strong and efforts to improve "price perception" are improving.

The broker said it reiterates its outperform rating given strong strategic positioning and a relatively inexpensive valuation.

Price: 78.66, Change: +0.80, Percent Change: +1.03