Barclays analyst Michael Leithead maintains LyondellBasell Industries (NYSE:LYB) with a Overweight and lowers the price target from $130 to $110.
Why Is Used Vehicle Retailer CarMax Stock Plunging Today?
CarMax shares are trading lower after the company reported a fourth-quarter FY24 sales decline of 1.7% year-on-year to $5.63 billion. The company reiterated its goal to sell more than 2 million combined retail and wholesale units annually. However, the company extended the timeframe to between fiscal year 2026 and fiscal year 2030 due to uncertainty in the timing of market recovery.
