JP Morgan Maintains Neutral on CarMax, Lowers Price Target to $105
JP Morgan analyst Rajat Gupta maintains CarMax (NYSE:KMX) with a Neutral and lowers the price target from $110 to $105.
Investors See Better Road Ahead for Autohome Despite Profits Setback
Key Takeaways:
Autohome’s adjusted net income tumbled 40% during the first quarter, less than the 50% drop expected by the market. Relieved investors sent the share price soaring 19% over three trading days
ATRenew Starts the Year Off Strong, Braces for Covid Impact
Key Takeaways:
ATRenew‘s revenue rose 45.7% in the first quarter to 2.2 billion yuan as both product and service revenues recorded strong gains
Company could benefit over the longer term from the rollout of China’s first guidelines for used electronics refurbishment by the city of Shenzhen in April
Morgan Stanley Maintains Overweight on CarMax, Lowers Price Target to $140
Morgan Stanley maintains CarMax (NYSE:KMX) with a Overweight and lowers the price target from $165 to $140.
Analyst Ratings for CarMax
Over the past 3 months, 5 analysts have published their opinion on CarMax (NYSE:KMX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Needham Initiates Coverage On CarMax with Hold Rating
Needham analyst Chris Pierce initiates coverage on CarMax (NYSE:KMX) with a Hold rating.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 784 companies set new 52-week lows.
Where CarMax Stands With Analysts
Analysts have provided the following ratings for CarMax (NYSE:KMX) within the last quarter:
RBC Capital Maintains Outperform on CarMax, Lowers Price Target to $104
RBC Capital analyst Steven Shemesh maintains CarMax (NYSE:KMX) with a Outperform and lowers the price target from $140 to $104.