DA Davidson Maintains Neutral on AutoZone, Raises Price Target to $3025
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Neutral rating on AutoZone (NYSE:AZO) and raises the price target from $2770 to $3025.

February 28, 2024 | 8:02 pm
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DA Davidson analyst Michael Baker maintains a Neutral rating on AutoZone and raises the price target from $2770 to $3025.
The increase in price target by DA Davidson suggests a positive outlook on AutoZone's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for AutoZone, potentially leading to an increase in investor confidence and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90