Mizuho Maintains Buy on AutoZone, Lowers Price Target to $3280
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger maintains a Buy rating on AutoZone (NYSE:AZO) but lowers the price target from $3450 to $3280.
May 22, 2024 | 10:59 am
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NEUTRAL IMPACT
Mizuho analyst David Bellinger maintains a Buy rating on AutoZone but lowers the price target from $3450 to $3280.
The Buy 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 70
RELEVANCE 100