Truist Securities Maintains Buy on AutoZone, Raises Price Target to $3027
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 $2933 to $3027.
December 06, 2023 | 9:01 pm
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Truist Securities analyst Scot Ciccarelli maintains a Buy rating on AutoZone and raises the price target to $3027.
The increase in price target by Truist Securities 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 85
RELEVANCE 100