Monro price target lowered to $15 from $20 at Wells Fargo

Wells Fargo lowered the firm’s price target on Monro (MNRO) to $15 from $20 and keeps an Equal Weight rating on the shares. The firm says late April/May Auto Service/eAuto setups are tricky. Quarter-to-date trends and idiosyncratic levers are key needle movers, Wells adds.