UBS Maintains Buy on AutoZone, Raises Price Target to $3500
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on AutoZone (NYSE:AZO) and raises the price target from $3340 to $3500.
September 25, 2024 | 4:27 pm
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UBS analyst Michael Lasser has reaffirmed a Buy rating for AutoZone and increased the price target from $3340 to $3500, indicating confidence in the company's future performance.
The increase in price target from $3340 to $3500 by UBS suggests a positive outlook for AutoZone's stock, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100