Evercore ISI Group Maintains Outperform on AutoZone, Raises Price Target to $3400
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on AutoZone (NYSE:AZO) and raises the price target from $3375 to $3400.
March 26, 2024 | 3:21 pm
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Evercore ISI Group maintains an Outperform rating on AutoZone and raises the price target from $3375 to $3400.
The increase in price target by a reputable analyst firm like Evercore ISI Group suggests a positive outlook on AutoZone's stock performance. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100