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CarMax price target lowered to $78 from $80 at Mizuho

Mizuho lowered the firm’s price target on CarMax (KMX) to $78 from $80 and keeps a Neutral rating on the shares. Citing calendar Q1 earnings season, updated financial guidance, and Q2-to-date commentary, the firm is tightening its estimates for a number of companies in its retailing broadlines and hardlines coverage.

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