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JP Morgan analyst Rajat Gupta upgrades CarMax (NYSE:KMX) from Underweight to Neutral and raises the price target from $38 to $60.
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Read original at benzingaCarMax has deployed Sierra's AI voice-enabled agents to improve inbound customer calls, resulting in faster routing and increased call resolution rates. The partnership aims to handle common inquiries like store hours and vehicle availability while freeing associates to focus on complex customer needs. CarMax plans to expand capabilities to include appointment scheduling.
Read original at globenewswire-incBooking Holdings and Carvana represent different investment profiles in the consumer sector. Booking operates a profitable global travel platform with $26.9B in FY2025 revenue, 20.1% net margins, and $9.1B in free cash flow, trading at a Forward P/E of 18.5x. Carvana is aggressively scaling with 48.6% revenue growth and $20.3B in FY2025 revenue but thinner 6.9% margins, trading at a premium Forward P/E of 38.5x. The analyst recommends Booking as the better buy for long-term investors due to its superior profitability, attractive valuation, and consistent earnings performance, despite acknowledging Carvana's impressive turnaround story.
Read original at the-motley-foolBernstein Liebhard LLP has launched investigations into potential breaches of fiduciary duty by directors and officers at CarMax, Inc., Capricor Therapeutics, Inc., and Calix, Inc. The firm is seeking to determine whether company leadership acted in shareholders' best interests and is encouraging affected shareholders to contact them for legal consultation.
Read original at globenewswire-inc