TD Cowen Initiates Coverage On AutoZone with Outperform Rating, Announces Price Target of $2975
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko has initiated coverage on AutoZone (NYSE:AZO) with an Outperform rating and a price target of $2975.
October 10, 2023 | 9:04 am
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AutoZone's stock may see positive movement following TD Cowen's Outperform rating and high price target of $2975.
Analyst ratings often influence stock prices. An Outperform rating suggests that the analyst expects the stock to do better than the market average. This, combined with a high price target, could lead to increased investor interest and a potential rise in AutoZone's stock price.
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