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Fly News Breaks for May 30, 2017
AZO
May 30, 2017 | 06:28 EDT
Goldman Sachs analyst Matthew Fassler upgraded AutoZone to Buy from Neutral given the "significant" selloff in shares following the Q3 miss and lowered its price target to $715 from $825. Fassler expects valuation to bounce back as sales and earnings growth as growth reverts back to trend and said Amazon (AMZN) concerns are premature.
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