B of A Securities Maintains Underperform on AutoZone, Raises Price Target to $2120
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Elizabeth Suzuki maintains an Underperform rating on AutoZone (NYSE:AZO) and raises the price target from $1890 to $2120.
May 24, 2023 | 1:58 pm
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B of A Securities maintains an Underperform rating on AutoZone and raises the price target from $1890 to $2120.
The news directly mentions AutoZone (NYSE:AZO) and the analyst's decision to maintain an Underperform rating while raising the price target. This suggests that the analyst still sees potential downside for the stock, which could negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100