Guggenheim raised the firm’s price target on AutoZone (AZO) to $3,850 from $3,750 and keeps a Buy rating on the shares. Q2 results provide further support to the firm’s thesis of sequential improvement, as evidenced by an acceleration in both domestic retail and domestic commercial comps, the analyst tells investors in a post-earnings note.
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Read More on AZO:
- AutoZone price target raised to $3,841 from $3,753 at Truist
- AutoZone price target raised to $3,763 from $3,634 at Roth MKM
- AutoZone price target raised to $4,000 from $3,850 at Raymond James
- AutoZone downgraded to Hold from Buy at Argus
- AutoZone price target raised to $3,850 from $3,750 at Wells Fargo