Truist Securities Maintains Buy on AutoZone, Raises Price Target to $3501
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on AutoZone and increased the price target from $3341 to $3501, indicating confidence in the company's future performance.
October 14, 2024 | 1:57 pm
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Truist Securities has reaffirmed its Buy rating on AutoZone and increased the price target from $3341 to $3501, suggesting a positive outlook for the company's stock.
The increase in price target from $3341 to $3501 by Truist Securities indicates a strong positive sentiment towards AutoZone's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100