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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.
News For KMX From The Last 14 Days
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May 15, 2015
17:33 EDTKMXPoint72 Asset Management gives quarterly update on stakes
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May 14, 2015
10:00 EDTKMXOn The Fly: Analyst Initiation SummaryT
Today's noteworthy initiations include: Advaxis (ADXS) initiated with a Buy at MLV & Co.... Akebia (AKBA) initiated with a Buy at Brean Capital... CarMax (KMX) initiated with a Buy at Sterne Agee CRT... Coach (COH) initiated with a Neutral at Wedbush... Euronav NV (EURN) initiated with an Outperform at Credit Suisse... Franco-Nevada (FNV) initiated with an Outperform at Macquarie... Kate Spade (KATE) initiated with an Outperform at Wedbush... Lumber Liquidators (LL) initiated with a Perform at Oppenheimer... Michael Kors (KORS) initiated with a Neutral at Wedbush... National Instruments (NATI) initiated with an Overweight at Stephens... Royal Gold (RGLD) initiated with an Outperform at Macquarie... Spectra Energy Partners (SEP) initiated with a Buy at Janney ... Spectra Energy (SE) initiated with a Buy at Janney Capital... Tribune Publishing (TPUB) initiated with a Buy at Sterne Agee CRT.
06:46 EDTKMXCarMax initiated with a Buy at Sterne Agee CRT
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05:38 EDTKMXCarMax initiated with a Buy at Sterne Agee CRT
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