Royal Bank of Canada has increased its target price for CarMax (NYSE:KMX) stock to $56.00, up from $45.00.
This is not the only firm to revise its outlook for KMX; Barclays set a target price of $67.00, while BNP Paribas Exane reissued an 'underperform' rating with a target price of $48.00.
CarMax's share price opened at $59.29 on Wednesday, and the company has a market cap of $8.41 billion.
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