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Fly News Breaks for October 14, 2019
ORLY
Oct 14, 2019 | 07:45 EDT
Wells Fargo analyst Zachary Fadem raised his price target for O'Reilly Automotive to $440 from $435, while reiterating an Outperform rating on the shares. The analyst notes that the shares are 1%-plus since reporting Q2 results, and he sees a cleaner Q3 setup with likely comp acceleration, EBIT expansion potential and a potential increase in the fiscal year 2019 EPS outlook.
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