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Fly News Breaks for February 6, 2020
ORLY
Feb 6, 2020 | 08:08 EDT
Wells Fargo analyst Zachary Fadem lowered his price target for O'Reilly Automotive to $465 from $485 to reflect fiscal year 2020 outlook reduction. The analyst views the company's Q4 update with "mixed emotions" and anticipates modest pressure on shares. Fadem reiterates an Overweight rating on the shares as group sentiment remains low and as he sees potential for near-term relief upon greater clarity.
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