Citigroup Upgrades O'Reilly Automotive to Buy, Raises Price Target to $1040
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Zaccone has upgraded O'Reilly Automotive (NASDAQ:ORLY) from Neutral to Buy and raised the price target from $983 to $1040.
October 05, 2023 | 10:11 am
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O'Reilly Automotive has been upgraded to Buy from Neutral by Citigroup, with a raised price target of $1040.
The upgrade from Neutral to Buy by Citigroup indicates a positive outlook for O'Reilly Automotive. The raised price target suggests that the analyst expects the stock to perform well in the short term, which could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100