UBS analyst Michael Lasser raised the firm’s price target on O’Reilly Automotive (ORLY) to $1,580 from $1,535 and keeps a Buy rating on the shares. The firm sees a “good chance” that consensus estimates move higher rather than lower following the Q1 print, the analyst tells investors in a research note. UBS thinks the company will articulate confidence that it can manage through the tariff uncertainty.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORLY:
- Closing Bell Movers: Robert Half down 15% after earnings miss
- O’Reilly Auto’s Resilience and Growth Potential Justify Buy Rating Despite Mixed Q1 Results
- O’Reilly Automotive reports Q1 EPS $9.35, consensus $9.90
- O’Reilly Automotive sees FY25 EPS $42.90-$43.40, consensus $44.39
- Notable companies reporting after market close