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After a strong second quarter, analysts raised their predictions for CarMax's stock.

ResultsRead the original at Benzinga
Good for KMX

CarMax beat profit and sales estimates as used-car sales grew. Two analysts kept negative ratings despite raising their price targets, but the quarter’s gains point to a stronger business.

KMX · CarMax Inc

AI read · Good for KMX

The AI's read

The results point to more shoppers choosing CarMax and more profit per share. Sales, vehicle volume, and profit all rose or beat estimates. Two analysts kept negative ratings even after raising their price targets. Their caution matters, but the company’s reported gains point more clearly to a stronger business.

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