Information Provided By:
Fly News Breaks for June 2, 2016
AZO
Jun 2, 2016 | 07:46 EDT
BTIG analyst Alan Rifkin initiated AutoZone (AZO) with a Buy rating and a $900 price target. Rifkin said AutoZone's commercial focus is paying off and believes sustained growth in this segment can continue for years. Additionally, Rifkin said sustainable buybacks support double digit earnings growth and its ROIC focus is unmatched in the sector. The analyst said industry trends are very favorable and the industry is well insulated against Amazon (AMZN) due to emphasis placed on the immediate availability of parts.
News For AZO From the Last 2 Days
There are no results for your query AZO