Wolfe Research Maintains Outperform on AutoZone, Lowers Price Target to $3000
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research maintains an Outperform rating on AutoZone (NYSE:AZO) but lowers the price target from $3150 to $3000.
May 22, 2024 | 9:32 am
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Wolfe Research maintains an Outperform rating on AutoZone but lowers the price target from $3150 to $3000.
The Outperform rating suggests continued confidence in AutoZone's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100