Upgrades In-line Outperform X

KMX CarMax

Evercore ISI

$90 $110

Initiated Equal-Weight X

KMX CarMax

Stephens

$86

Upgrades Hold Buy X

KMX CarMax

Needham

$99

Initiated Neutral X

KMX CarMax

Mizuho

$80

Downgrades Buy Neutral X

KMX CarMax

Northcoast

Resumed Hold X

KMX CarMax

Truist

$66

Downgrades Neutral Underweight X

KMX CarMax

JP Morgan

$60

Downgrades Buy Hold X

KMX CarMax

Argus

Reiterated Outperform X

KMX CarMax

Oppenheimer

$100 $75

Downgrades Overweight Eq-Weight X

KMX CarMax

Stephens

$105 $64

Downgrades Neutral Underperform X

KMX CarMax

BofA Securities

$146 $100

Initiated Hold X

KMX CarMax

Needham

Downgrades Overweight Neutral X

KMX CarMax

JP Morgan

$130 $110

Upgrades Neutral Buy X

KMX CarMax

Seaport Research Partners

$140

Upgrades Neutral Overweight X

KMX CarMax

JP Morgan

$140 $160

Downgrades Buy Neutral X

KMX CarMax

Guggenheim

Resumed Outperform X

KMX CarMax

Wolfe Research

$160

Downgrades Outperform Neutral X

KMX CarMax

Wedbush

$155 $130

Downgrades Buy Neutral X

KMX CarMax

Seaport Global Securities

Upgrades Neutral Buy X

KMX CarMax

Northcoast

$130

Initiated Buy X

KMX CarMax

Argus

$100

Downgrades Buy Neutral X

KMX CarMax

Northcoast

Downgrades Buy Neutral X

KMX CarMax

Buckingham Research

$94

Upgrades Eq-Weight Overweight X

KMX CarMax

Stephens

$83 $93

Upgrades Neutral Buy X

KMX CarMax

Buckingham Research

Upgrades Neutral Buy X

KMX CarMax

Guggenheim

Initiated Peer Perform X

KMX CarMax

Wolfe Research

Upgrades Neutral Outperform X

KMX CarMax

Robert W. Baird

Upgrades Eq-Weight Overweight X

KMX CarMax

Morgan Stanley

Downgrades Buy Neutral X

KMX CarMax

Buckingham Research

Downgrades Buy Neutral X

KMX CarMax

Guggenheim

Initiated Buy X

KMX CarMax

Gabelli & Co

$95

Upgrades Neutral Buy X

KMX CarMax

Buckingham Research

KMX  CarMax Inc

CarMax, Inc. (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company's CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The Company's CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The Company operates approximately 160 used car stores in over 70 metropolitan markets. The Company's products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit. The Company's CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. CAF operates in the auto finance sector of the consumer finance market.