UBS Maintains Buy on AutoZone, Raises Price Target to $3425
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on AutoZone (NYSE:AZO) and raises the price target from $3100 to $3425.
February 28, 2024 | 6:22 pm
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POSITIVE IMPACT
UBS analyst Michael Lasser maintains a Buy rating on AutoZone and raises the price target from $3100 to $3425.
The increase in the price target by a reputable analyst suggests a strong confidence in AutoZone's future performance. This is likely to be viewed positively by investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100