UBS Upgrades AutoZone to Buy, Raises Price Target to $2900
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Lasser upgrades AutoZone (NYSE:AZO) from Neutral to Buy and raises the price target from $2800 to $2900.
June 16, 2023 | 9:33 am
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POSITIVE IMPACT
UBS upgrades AutoZone to Buy and raises price target to $2900.
The upgrade from Neutral to Buy and the increase in price target from $2800 to $2900 by UBS analyst Michael Lasser indicates a positive outlook for AutoZone's stock. This news is likely to have a positive short-term impact on the stock price as investors may react positively to the analyst's recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100