TD Cowen raised the firm’s price target on O’Reilly Automotive (ORLY) to $125 from $112 and keeps a Buy rating on the shares. The firm met with management and took away the consumer is generally healthy but they remain cautious into 2H, Same-SKU inflation has further room to run, but may be met with some elasticity, a differentiated supply chain network which continues to improve is driving best-in-class parts coverage and delivery and they are well positioned to accelerate share growth.
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