Goldman Sachs Maintains Buy on AutoZone, Lowers Price Target to $2840
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Simeon Gutman maintains a Buy rating on AutoZone (NYSE:AZO) and lowers the price target from $2899 to $2840.

May 24, 2023 | 9:25 am
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Goldman Sachs maintains Buy rating on AutoZone, but lowers price target from $2899 to $2840.
Goldman Sachs' lowered price target on AutoZone may cause some short-term uncertainty among investors, but the maintained Buy rating indicates that the overall outlook for the stock remains positive. The impact on the stock price is expected to be neutral in the short term.
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IMPORTANCE 80
RELEVANCE 100