CarMax Analysts Throw in the Towel as Road Ahead Gets Murkier
CarMax Inc.’s disastrous quarterly numbers prompted at least five Wall Street firms to lower their ratings on the stock as the used-car retailer faces long-term challenges and uncertainties.
By Micah Barkley, Matthew Griffin · Bloomberg Markets
CarMax Inc.’s disastrous quarterly numbers prompted at least five Wall Street firms to lower their ratings on the stock as the used-car retailer faces long-term challenges and uncertainties.