Citi raised the firm’s price target on O’Reilly Automotive to $983 from $916 and keeps a Neutral rating on the shares. Citi’s latest auto repair sentiment tracker revealed do-it-from-home business conditions showed some sequential improvement relative to three months ago, but deferred maintenance and trade-down activity stepped up slightly. The analyst sees a “beat-and-raise” Q2 setup for O’Reilly.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ORLY: