Truist Securities Maintains Buy on AutoZone, Raises Price Target to $3523
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 $3363 to $3523.
April 02, 2024 | 12:02 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on AutoZone and raised the price target from $3363 to $3523.
The increase in price target by Truist Securities reflects a positive outlook on AutoZone's stock, suggesting potential upside. This analyst action can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100