Citi lowered the firm’s price target on AutoZone (AZO) to $4,775 from $4,900 and keeps a Buy rating on the shares. The firm views the company’s fiscal Q4 report as mixed with better sales accompanied by margin headwinds. Citi reduced estimates but continues to expects AutoZone’s share gains to increase.
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Read More on AZO:
- AutoZone price target lowered to $4,499 from $4,504 at Truist
- AutoZone price target lowered to $4,800 from $4,900 at Raymond James
- AutoZone price target raised to $4,600 from $4,100 at Guggenheim
- AutoZone price target raised to $4,700 from $4,000 at Morgan Stanley
- AutoZone price target lowered to $4,800 from $4,925 at UBS