CarMax-Tariffs May Have Mixed Effects On Carmax, May Boost Used Car Demand Due To Pricier New Cars: Analyst

Truist Securities analyst Scot Ciccarelli reiterated a Hold rating on the shares of Carmax Inc KMX with a price forecast of $88.00.CarMax delivered strong fourth-quarter results, with used vehicle same-store sales rising 5.1%, slightly below expectations but showing notable improvement from the prior quarter.Average selling prices remained steady year over year, and unit volume aligned with projections. Adjusted earnings per share were estimated at$ 0.64, slightly above the expected $0.62.The company reaffi ...