TD Cowen analyst Max Rakhlenko raised the firm’s price target on AutoZone to $3,350 from $3,100 and keeps an Outperform rating on the shares. The firm said comps missed bogeys but weather was a major headwind and they are encouraged the company exited stronger.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on AZO:
- AZO Earnings: AutoZone Rallies on Robust Q2 Momentum
- AutoZone 2nd Quarter Total Company Same Store Sales Increase 1.5%; Domestic Same Store Sales Increase 0.3%; EPS Increases to $28.89
- AutoZone reports Q2 EPS $28.89, consensus $26.28
- Notable companies reporting before tomorrow’s open
- AutoZone price target lowered to $2,779 from $2,800 at Barclays
