Analyst Seth Basham Raises Price Target Wedbush analyst Seth Basham has upgraded his rating on CarMax's stock to Outperform, with a revised price target of $90. This comes ahead of the company's fiscal 2024 second-quarter earnings results. CarMax's stock (ticker: KMX) was trading nearly 2% higher at $78.07 in premarket trading. Recovery Amidst Challenging Year Like many players … [Read more...] about CarMax Stock Upgraded to Outperform
cost-cutting measures
Stanley Black & Decker Narrows Full-Year Earnings Guidance
Stanley Black & Decker, the renowned tool maker based in New Britain, Conn., has revised its full-year earnings guidance, providing a clearer outlook despite ongoing uncertainties in the market. Revised Earnings Expectations The company now projects a loss per share of $1.25 to 50 cents for the full year, compared to its previous range of a $1.65-loss to a 60-cent-per-share … [Read more...] about Stanley Black & Decker Narrows Full-Year Earnings Guidance
