CarMax Stock Rebounds After Analyst Upgrades Following Earnings Report
CarMax (KMX) stock surged by 13% on Thursday after several analysts upgraded their outlooks following the company's first-quarter fiscal 2027 earnings report. Despite a prior session loss of 9%, positive analyst notes, including an overweight recommendation from Stephens' Jeff Lick and higher price targets from JPMorgan Chase and Baird, contributed to the rebound.
Topics: analyst upgrades Baird CarMax JPMorgan Chase KMX stock rebound Stephens