Wedbush Maintains Outperform on AutoZone, Raises Price Target to $3400
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains an Outperform rating on AutoZone (NYSE:AZO) and raises the price target from $2950 to $3400, indicating a positive outlook on the company's stock.
February 28, 2024 | 1:18 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wedbush analyst Seth Basham maintains an Outperform rating on AutoZone and raises the price target from $2950 to $3400.
The increase in price target by a reputable analyst like Seth Basham suggests a strong bullish sentiment towards AutoZone's stock. This is likely to positively influence investor perception and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100