JP Morgan Maintains Overweight on O'Reilly Automotive, Raises Price Target to $1300
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on O'Reilly Automotive and raises the price target from $1125 to $1300.
October 16, 2024 | 4:20 pm
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POSITIVE IMPACT
JP Morgan has increased its price target for O'Reilly Automotive from $1125 to $1300, maintaining an Overweight rating.
The increase in price target from $1125 to $1300 by JP Morgan suggests a positive outlook for O'Reilly Automotive. Maintaining an Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100