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Fly News Breaks for April 15, 2019
AZO
Apr 15, 2019 | 08:00 EDT
JPMorgan analyst Christopher Horvers raised his price target for AutoZone to $1,126 from $995 after hosting meetings with management. The company remains optimistic about sustained opportunities to grow its commercial program productivity toward the level of peers, Horvers tells investors in a research note. The analyst believes momentum in the sector remains intact and he expects AutoZone to have a strong finish to its current quarter. He keeps an Overweight rating on the shares.
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