Barclays Upgrades CarMax (NYSE:KMX) to "Equal Weight"

Barclays Upgrades CarMax (NYSE:KMX) to "Equal Weight"

Barclays raised shares of CarMax from an "underweight" rating to an "equal weight" rating and set a $61.00 price objective for the company in a research note on Tuesday.

Barclays Just Upgraded CarMax Stock. Here's Why.

CarMax stock extends gains as Barclays lifts rating to Equal Weight. But caution is warranted in playing KMX shares at current levels.