Wells Fargo Maintains Overweight on AutoZone, Lowers Price Target to $3500
Wells Fargo analyst Zachary Fadem maintains AutoZone (NYSE:AZO) with a Overweight and lowers the price target from $4150 to $3500.
A major bank analyst still likes AutoZone but thinks the stock might be worth less money than they thought before. When experts change their price targets down, it means they see some caution ahead, even if they still like the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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