Wedbush Reiterates Outperform on AutoZone, Maintains $2950 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has reiterated an Outperform rating on AutoZone (NYSE:AZO) and maintained a price target of $2950.
February 20, 2024 | 7:09 pm
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Wedbush analyst Seth Basham reaffirmed an Outperform rating on AutoZone, with a steady price target of $2950.
The reiteration of an Outperform rating by a reputable analyst like Seth Basham, coupled with a high price target of $2950, suggests a strong bullish sentiment towards AutoZone. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100