Evercore ISI Group Maintains Outperform on O'Reilly Automotive, Lowers Price Target to $1250
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group maintains an Outperform rating on O'Reilly Automotive (NASDAQ:ORLY) but lowers the price target from $1275 to $1250.
July 02, 2024 | 3:52 pm
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Evercore ISI Group has maintained its Outperform rating on O'Reilly Automotive but has lowered the price target from $1275 to $1250. This suggests continued confidence in the company's performance, albeit with slightly tempered expectations.
The maintained Outperform rating indicates that the analyst still sees positive performance potential for O'Reilly Automotive. However, the lowered price target suggests a slight reduction in expected upside, which could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100