Wolfe Research initiated coverage of O’Reilly Automotive (ORLY) with an Outperform rating and $121 price target The firm anticipates upside to same-store-sales from price increases and industry-wide parts deferral leading to more breakage, which should benefit “do-it-for-me” operators, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORLY:
- O’Reilly Automotive assumed with Outperform from Peer Perform at Wolfe Research
- O’Reilly Automotive price target raised to $125 from $112 at TD Cowen
- O’Reilly Auto’s Strong Positioning and Growth Potential Earns Buy Rating
- C3 AI downgraded, Capri upgraded: Wall Street’s top analyst calls
- O’Reilly Automotive initiated with a Buy at Argus