Truist Securities Maintains Buy on AutoZone, Raises Price Target to $2933
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has reaffirmed a Buy rating on AutoZone (NYSE:AZO) and increased the price target from $2863 to $2933.
November 22, 2023 | 3:54 pm
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Truist Securities analyst Scot Ciccarelli maintains a Buy rating on AutoZone and raises the price target from $2863 to $2933, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in AutoZone's future performance. This positive analyst rating is likely to instill investor confidence and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100