UBS Maintains Buy on AutoZone, Lowers Price Target to $3340
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on AutoZone (NYSE:AZO) but lowers the price target from $3465 to $3340.
May 22, 2024 | 2:05 pm
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NEUTRAL IMPACT
UBS analyst Michael Lasser maintains a Buy rating on AutoZone but lowers the price target from $3465 to $3340.
The maintained Buy rating suggests continued confidence in AutoZone's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100