DA Davidson Maintains Neutral on AutoZone, Lowers Price Target to $2340
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Neutral rating on AutoZone (NYSE:AZO) and lowers the price target from $2425 to $2340.
May 24, 2023 | 1:51 pm
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NEUTRAL IMPACT
DA Davidson analyst Michael Baker maintains a Neutral rating on AutoZone and lowers the price target from $2425 to $2340.
The news directly mentions AutoZone (NYSE:AZO) and the lowered price target by DA Davidson analyst Michael Baker. This may cause some short-term uncertainty among investors, but the Neutral rating suggests that the overall outlook remains unchanged. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100