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Carmax Inc (KMX) [hlAlert]

Hold KMX
up 26.71 %

Carmax Inc (KMX) downgraded to Hold with price target $17 by Deutsche Securities

Posted on: Monday,  Jun 22, 2009  8:25 AM ET by Deutsche Securities

Deutsche Securities rated Hold Carmax Inc (NYSE: KMX) on 06/22/2009. Previously Deutsche Securities rated Buy Carmax Inc (NYSE: KMX) on 05/28/2009.,
when the stock price was $11.08. Since then, Carmax Inc has gained 26.71% as of 06/22/2009's recent price of $14.04.
If you would have followed the previous Deutsche Securities's recommendation on KMX, you would have gained 26.71% of your investment in 25 days.

CarMax Group is a subsidiary of Circuit City Stores, Inc. The company is one of the nation's largest retailers of brand-name consumer electronics and major appliances, and a leading retailer of personal computers and music software. The company is adding value to this industry with a consumer offer that includes extraordinary selection; everyday low prices marked clearly on every car; quality gaurantees; and exceptional customer service. (PRESS RELEASE)

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/22/2009 8:25 AM Hold
14.04 17.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  26.71 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/28/2009 8:25 AM Buy
11.08 15.00
12/23/2008 2:25 PM Hold
7.59 7.00
6/19/2008 1:25 PM Hold
15.77 14.00
3/20/2008 2:25 PM Hold
20.55 17.50
12/20/2007 12:25 PM Hold
18.92 23.50
9/20/2007 1:25 PM Hold
22.13 28.00

(*) Stock Price at the time of the recommendation.
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