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O’Reilly Automotive price target lowered to $108 from $110 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on O’Reilly Automotive (ORLY) to $108 from $110 and keeps an Overweight rating on the shares. The firm is lowering its FY26 and FY27 EPS estimates by about 4% and 3.5%, respectively, to reflect ongoing medical and casualty self insurance cost pressure.

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