Oppenheimer Downgrades O'Reilly Automotive to Perform, Announces $930 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel has downgraded O'Reilly Automotive (NASDAQ:ORLY) from Outperform to Perform and set a price target of $930.
October 06, 2023 | 11:24 am
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O'Reilly Automotive has been downgraded by Oppenheimer from Outperform to Perform, with a price target of $930.
The downgrade from Outperform to Perform by Oppenheimer indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term. The price target of $930 provides a benchmark for investors.
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