UPDATE: Goldman Sachs Downgrades CarMax on Strong Growth Story, Expected Headwinds
September 25, 2013 at 10:40 AM EDT
In a report published Wednesday, Goldman Sachs analyst Matthew J. Fassler downgraded the rating on CarMax (NYSE: KMX ) from Buy to Neutral, but raised the price target from $53.00 to $55.00. In the report, Goldman Sachs noted, “Over the past four quarters, KMX has begun to deliver on the
