Information Provided By:
Fly News Breaks for October 7, 2019
ORLY
Oct 7, 2019 | 17:28 EDT
Raymond James analyst Matthew McClintock resumed coverage of O'Reilly Automotive with a Market Perform rating. The analyst contends that even though the company is the "strongest operator" in the automotive aftermarket, the tightening competition and a relatively softer comp store sales trajectory warrant a neutral stance. McClintock adds that investors are unlikely to pay a higher valuation multiple, even though O'Reilly Auto has meaningful square footage growth opportunities in a number of untapped markets.
News For ORLY From the Last 2 Days
There are no results for your query ORLY