CarMax, Inc. (NYSE:KMX) Faces Financial Challenges Amid New Price Target

RBC Capital sets a new price target for CarMax, Inc. (NYSE:KMX) at $59, suggesting a potential increase of 29.39% from the current price.CarMax's stock experienced a significant decline following its second-quarter earnings report, with a decrease of 20.07%.The company's market capitalization stands at approximately $6.84 billion, indicating its significant presence in the market despite recent challenges.CarMax, Inc. (NYSE:KMX) is a leading used car retailer in the United States, known for its no-haggle pr ...