For CarMax, Evercore expects the company to benefit from a widening used-to-new car price gap and improving market share. It raised its base case price target to $110, citing double-digit EBITDA ...
Evercore ISI upgraded CarMax (KMX) to Outperform from In Line with a price target of $110, up from $90. The firm sees the company’s improving comp and share trends persisting amid a favorable ...
Evercore made slight adjustments to its estimates, reducing the Q4 2024 EPS forecast to $2.54 from $2.56 and the full-year 2025 estimate to $8.77 from $8.84, primarily due to softer international ...
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