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CarMax Stock Gets Upgraded Before Earnings. The Shares Jump. - Barron's

1. Analyst upgrades KMX rating to Overweight; target price raised to $90. 2. KMX stock is up 1.7% to $75.50 amid poor investor sentiment. 3. Earnings report on April 10; expected EPS of 69 cents, above market consensus. 4. KMX management is praised for consistency and discipline over 31 years. 5. Investor buying opportunity suggested if shares dip below $72.

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FAQ

Why Bullish?

The upgrade and raised target price signal positive investor sentiment, similar to previous upgrades boosting stock prices.

How important is it?

The analyst's upgrade and earnings expectations can significantly sway investor behavior toward KMX.

Why Short Term?

Upcoming earnings report and price predictions will likely influence KMX’s stock in the near term.

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