Evercore ISI Group Maintains Outperform on AutoZone, Raises Price Target to $2670
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on AutoZone (NYSE:AZO) and raises the price target from $2640 to $2670.
September 08, 2023 | 3:27 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an Outperform rating on AutoZone and raises the price target from $2640 to $2670. This could potentially lead to a positive impact on the stock's price.
The raised price target by Evercore ISI Group indicates a positive outlook for AutoZone. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100