Information Provided By:
Fly News Breaks for May 24, 2017
AZO
May 24, 2017 | 07:55 EDT
Baird analyst Craig Kennison said AutoZone remains one of the finest retailers he knows, but he lowered his price target following disappointing Q3 results. The company cited the delay in tax refunds and slower traffic for the second consecutive quarter. Kennison lowered his estimates on the weaker sales and noted the huge valuation premium that supported the stock has faded. Kennison maintained his Neutral rating but lowered his price target to $700 from $840 on AutoZone shares.
News For AZO From the Last 2 Days
There are no results for your query AZO
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.