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CarMax Receives Positive Earnings Outlook and Stock Upgrade

1 min read
Source: Barron's
CarMax Receives Positive Earnings Outlook and Stock Upgrade
Photo: Barron's
TL;DR Summary

Wedbush analyst upgrades CarMax's stock to Outperform, citing factors that are expected to increase the company's gross profit per unit throughout the fiscal year. The upgrade comes ahead of CarMax's second-quarter earnings results for fiscal 2024.

Topics:top-news#analyst-rating#business#carmax#fiscal-year#gross-profit-per-unit#stock-upgrade
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  1. CarMax Stock Scores Upgrade Before Earnings. Analyst Is Upbeat on Profits.  Barron's
  2. CarMax motors higher after Wedbush calls it an auto sector outperformer  Seeking Alpha
  3. KMX Earnings Preview: Will CarMax return to the fast lane this year?  AlphaStreet

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