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O’Reilly Automotive price target raised to $113 from $101 at JPMorgan

JPMorgan analyst Christopher Horvers raised the firm’s price target on O’Reilly Automotive (ORLY) to $113 from $101 and keeps an Overweight rating on the shares ahead of the Q2 report. The firm’s work suggests stronger trends in April and May that moderated in June as the group faced tougher compares.

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