Oppenheimer analyst Brian Nagel says he is "concerned' that noise in trends could weigh upon O'Reilly Automotive's shares, and mask underlying strength. The company reported EPS that topped the mid-point of guidance by 13c, fueled by a 6.1% comps gain, the analyst tells investors in a research note. Nagel recommends investors use any short-term weakness in the stock as a buying opportunity. The analyst reiterates an Outperform rating and $300 price target on the shares.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here