CarMax ( NYSE:KMX – Free Report ) had its price target trimmed by Stephens from $78.00 to $70.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. The brokerage currently has an equal weight rating on the stock. Other equities analysts have also recently issued reports about the company. Robert W. Baird cut their price target on CarMax from $96.00 to $88.00 and set an outperform rating for the company in a report on Friday. StockNews.com assumed coverage on CarMax in a research report on Thursday, August 17th.

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