Truist Securities Maintains Buy on AutoZone, Raises Price Target to $3363
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Buy rating on AutoZone (NYSE:AZO) and increased the price target from $3027 to $3363.
February 28, 2024 | 2:17 pm
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Truist Securities has reaffirmed a Buy rating on AutoZone and raised the price target to $3363, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Truist Securities suggests a strong bullish sentiment towards AutoZone. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100