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News 2026-09-30 16:46 UTC

CarMax's Used-Car Sales Growth Blew Past Forecasts. KMX Stock Fell Anyway

Shares of used vehicle retailer CarMax Inc. (NYSE: KMX ) fell in Wednesday trading, despite the company reporting upbeat second-quarter results. Here are some key analyst takeaways: RBC Capital Markets analyst Steven Shemesh reiterated a Sector Perform rating, while raising the price target from $45 to $56. Truist Secu