Truist analyst Scot Ciccarelli lowered the firm’s price target on AutoZone (AZO) to $4,045 from $4,076 and keeps a Buy rating on the shares. The company’s Q2 comps were a bit light due to severe winter weather headwinds, but these same pressures should result in a better sales cadence in the Spring/Summer time frame due to part breakage/damage, the analyst tells investors in a research note.
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Read More on AZO:
- AutoZone price target raised to $4,020 from $4,000 at Morgan Stanley
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