Evercore ISI Raises CarMax Price Target to $40.00
ByAinvest
Tuesday, Feb 3, 2026 4:57 pm ET1min read
KMX--
Evercore ISI Group raised CarMax's (KMX) price target to $40.00 from $38.00, a 5.26% increase, maintaining an "In-Line" rating. The move reflects analyst Michael Montani's confidence in the stock's potential performance. CarMax sells and finances used and new cars through over 250 stores, with used-vehicle sales accounting for 83% of fiscal 2025 revenue. The company seeks a market share of over 5%.
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