Wedbush Maintains Outperform on AutoZone, Lowers Price Target to $3200
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains an Outperform rating on AutoZone (NYSE:AZO) but lowers the price target from $3400 to $3200.

May 22, 2024 | 3:12 pm
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Wedbush analyst Seth Basham maintains an Outperform rating on AutoZone but lowers the price target from $3400 to $3200.
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 70
RELEVANCE 100