Barclays lowered the firm’s price target on AutoZone (AZO) to $4,318 from $4,510 and keeps an Overweight rating on the shares. The firm sees “some brights” in company’s fiscal Q1 report, but says they are masked by higher spending, which is limiting the earnings upside “during the best of times while feeding into the concerns about what happens following this inflation cycle.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AZO:
- AutoZone’s Strategic Growth and Resilience Justify Buy Rating Amid Robust Performance
- AutoZone’s Strong Performance and Growth Potential Justifies Buy Rating Amid Market Challenges
- Morning Movers: CVS rises, Home Depot falls after investor day updates
- AutoZone’s Growth Potential and Strategic Positioning Justify Buy Rating Despite Challenges
- Options Volatility and Implied Earnings Moves Today, December 09, 2025