Barclays Maintains Overweight on AutoZone, Raises Price Target to $2800
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an Overweight rating on AutoZone (NYSE:AZO) and increased the price target from $2742 to $2800.
December 06, 2023 | 11:42 am
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Barclays analyst Seth Sigman maintains an Overweight rating on AutoZone and raises the price target from $2742 to $2800.
The increase in price target by Barclays reflects a positive outlook on AutoZone's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100