Wells Fargo Maintains Overweight on O'Reilly Automotive, Raises Price Target to $1075
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has maintained an Overweight rating on O'Reilly Automotive (NASDAQ:ORLY) and raised the price target from $985 to $1075.
July 20, 2023 | 10:56 am
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POSITIVE IMPACT
Wells Fargo's Overweight rating and increased price target for O'Reilly Automotive could potentially lead to a positive short-term impact on the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Wells Fargo's decision to maintain an Overweight rating and raise the price target for O'Reilly Automotive indicates a positive outlook for the company, which could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100