Guggenheim Maintains Buy on AutoZone, Raises Price Target to $3350
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Steven Forbes has maintained a Buy rating on AutoZone (NYSE:AZO) and raised the price target from $3225 to $3350.
September 25, 2024 | 5:05 pm
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Guggenheim analyst Steven Forbes has maintained a Buy rating on AutoZone and increased the price target from $3225 to $3350, indicating confidence in the company's future performance.
The increase in price target from $3225 to $3350 by Guggenheim suggests a positive outlook on AutoZone's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100