Mizuho Maintains Outperform on AutoZone, Raises Price Target to $3350
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger has maintained an 'Outperform' rating on AutoZone (NYSE:AZO) and raised the price target from $3280 to $3350.
September 25, 2024 | 4:50 pm
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POSITIVE IMPACT
Mizuho has reaffirmed its 'Outperform' rating for AutoZone and increased the price target to $3350, indicating confidence in the company's performance.
The increase in price target from $3280 to $3350 by Mizuho suggests a positive outlook on AutoZone's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100