Roth Capital raised the firm’s price target on O’Reilly Automotive (ORLY) to $109 from $108 and keeps a Buy rating on the shares. The firm remains constructive on the stock following the company’s outperformance in Q1, along with the management’s raised guidance, the analyst tells investors in a research note. Same-store sales exceeded expectations amid outsized strength in the Do It For Me/Professional and DIY segments, Roth Capital added.
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