Wedbush Reiterates Outperform on AutoZone, Maintains $3400 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has reiterated an Outperform rating on AutoZone (NYSE:AZO) and maintained a price target of $3400.
May 15, 2024 | 1:48 pm
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POSITIVE IMPACT
Wedbush analyst Seth Basham has reiterated an Outperform rating on AutoZone and maintained a price target of $3400. This suggests continued confidence in the company's performance and potential for stock price appreciation.
The reiteration of an Outperform rating and a high price target of $3400 by a reputable analyst indicates strong confidence in AutoZone's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100