Wall Street Drives CarMax Group (KMX) Higher Following Broker Upgrade
Posted: Wednesday, March 10, 2010 2:21 PM EDT
By: Market Intelligence Center Staff
CarMax Group (KMX) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $23.26, up $0.28 (1.22%) on volume of 442,635 shares traded. EVA Dimensions, LLC upgraded the stock today to Overweight form Hold. Over the last 52 weeks the stock has ranged from a low of $9.15 last March to a high of $24.75 in December. CarMax Group stock has been showing support around $22.63 and resistance in the $23.53 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 a July 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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