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Stock Market & Financial Investment News

News Breaks
February 19, 2014
07:54 EDTKMXConcerns about CarMax largely overblown, says Oppenheimer
Oppenheimer believes that concerns about CarMax's sub-prime credit offering and its more challenging comp comparisons are largely overblown. The firm reports that on February 18, it observed a marked decline in CarMax's inventory levels. It thinks the change may indicate that the company had stronger used car sales over the Presidents' Day weekend. The firm keeps a $61 price target and Outperform rating on the stock.
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July 25, 2014
09:19 EDTKMXCarMax management to meet with Oppenheimer
Meeting to be held in Baltimore on July 28 hosted by Oppenheimer.

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