JPMorgan analyst Christopher Horvers recommends using the post-earnings selloff in shares of AutoZone (AZO) as a buying opportunity. The company is positioned for lagged storm benefits, tax refund stimulus, and improved margin dynamics going forward, the analyst tells investors in a research note. JPMorgan keeps an Overweight rating on AutoZone with a $4,300 price target
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Read More on AZO:
- AutoZone price target raised to $4,300 from $4,200 at Citi
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