Broker Upgrade Pushes CarMax Group (KMX) Higher
Posted: Tuesday, February 09, 2010 12:37 PM EDT
By: Market Intelligence Center Staff
CarMax Group (KMX) was upgraded today by analysts at Credit Suisse and the stock is now at $20.93, up $0.60 (2.95%) on volume of 852,281 shares traded. Credit Suisse upgraded the stock today to Neutral from Underperform. Over the last 52 weeks the stock has ranged from a low of $8.03 in February to a high of $24.75 in December. CarMax Group stock has been showing support around $19.94 and resistance in the $20.96 range. Technical indicators for the stock are and S&P does not currently have a STARS rating for KMX. If you are looking for a hedged play on KMX the stock seems like it could be a candidate for an April out-of-the-money bull-put credit spread below the 17.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE CarMax Group (KMX) Stock ReportSee what our analysts have uncovered about CarMax Group (KMX).
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