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CarMax (KMX) Receives a Hold from Wedbush

Tipranks - Fri Feb 20, 8:04AM CST

In a report released today, Scott Devitt from Wedbush maintained a Hold rating on CarMax, with a price target of $36.00.

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According to TipRanks, Devitt is a 5-star analyst with an average return of 12.3% and a 50.00% success rate. Devitt covers the Consumer Cyclical sector, focusing on stocks such as Expedia, CarMax, and Carvana Co.

In addition to Wedbush, CarMax also received a Hold from TipRanks – xAI’s xAi Auto – Dealerships in a report issued today. However, yesterday, Robert W. Baird maintained a Buy rating on CarMax (NYSE: KMX).

Based on CarMax’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $6.24 billion and a net profit of $62.22 million. In comparison, last year the company earned a revenue of $6.69 billion and had a net profit of $125.44 million

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