Evercore ISI Group Maintains Outperform on AutoZone, Raises Price Target to $3350
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained its 'Outperform' rating on AutoZone and raised the price target from $3300 to $3350, indicating a positive outlook for the company's stock.
October 03, 2024 | 2:14 pm
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Evercore ISI Group has maintained its 'Outperform' rating on AutoZone and increased the price target from $3300 to $3350, suggesting a positive short-term outlook for the stock.
The increase in price target from $3300 to $3350 by Evercore ISI Group reflects a positive sentiment towards AutoZone's future performance. The 'Outperform' rating suggests that the stock is expected to perform better than the market average, which is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100