Roth Capital analyst Scott Stember raised the firm’s price target on AutoZone (AZO) to $4,800 from $4,135 and keeps a Buy rating on the shares ahead of its Q4 results next week. The firm is assigning a higher valuation multiple amid the mission-critical nature of end demand, durability of the model and rarefied air of consistent, the analyst tells investors in a research note. Roth adds that it expects AutoZone to return to low-double-digit EPS growth in FY26 as growth related investments bear fruit and also aided by ongoing utilization of free cash flow into stock repurchases, the firm added.
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