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Downgrade
O'Reilly Automotive downgraded to Neutral at BofA on valuation » 06:46
09/17/21
09/17
06:46
09/17/21
06:46
ORLY

O'Reilly Automotive

$607.03 /

+5.88 (+0.98%)

As previously reported,…

As previously reported, BofA analyst Elizabeth Suzuki downgraded O'Reilly Automotive to Neutral from Buy with an unchanged price target of $680. While she continues to view O'Reilly as a "high-quality" auto parts retailer with a balanced mix of do-it-yourself and do-it-for-me customers, given current trading levels there is only about 13% upside to her unchanged price target, warranting a lower rating, Suzuki said.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$607.03 /

+5.88 (+0.98%)

ORLY O'Reilly Automotive
$607.03 /

+5.88 (+0.98%)

09/17/21 BofA
O'Reilly Automotive downgraded to Neutral from Buy at BofA
09/16/21 Evercore ISI
Genuine Parts added to Tactical Outperform List at Evercore ISI
08/27/21
Fly Intel: Top five analyst downgrades
08/27/21 Morgan Stanley
O'Reilly Automotive downgraded to Equal Weight from Overweight at Morgan Stanley
ORLY O'Reilly Automotive
$607.03 /

+5.88 (+0.98%)

ORLY O'Reilly Automotive
$607.03 /

+5.88 (+0.98%)

ORLY O'Reilly Automotive
$607.03 /

+5.88 (+0.98%)

Downgrade
O'Reilly Automotive downgraded to Neutral from Buy at BofA » 06:28
09/17/21
09/17
06:28
09/17/21
06:28
ORLY

O'Reilly Automotive

/

+

BofA downgraded…

BofA downgraded O'Reilly Automotive to Neutral from Buy with a $680 price target.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
/

+

ORLY O'Reilly Automotive
/

+

09/16/21 Evercore ISI
Genuine Parts added to Tactical Outperform List at Evercore ISI
08/27/21
Fly Intel: Top five analyst downgrades
08/27/21 Morgan Stanley
O'Reilly Automotive downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
O'Reilly downgraded to Equal Weight from Overweight at Morgan Stanley
ORLY O'Reilly Automotive
/

+

ORLY O'Reilly Automotive
/

+

ORLY O'Reilly Automotive
/

+

Thursday
Recommendations
Genuine Parts added to Tactical Outperform List at Evercore ISI » 08:27
09/16/21
09/16
08:27
09/16/21
08:27
GPC

Genuine Parts

$124.21 /

+4.14 (+3.45%)

, AAP

Advance Auto Parts

$205.21 /

+5.04 (+2.52%)

, ORLY

O'Reilly Automotive

$600.79 /

+9.4 (+1.59%)

Evercore ISI analyst Greg…

Evercore ISI analyst Greg Melich is adding Genuine Parts (GPC) to the firm's Tactical Outperform List, noting that the stock has faded from $130 in May but he remains above Street consensus in terms of EPS estimates for this quarter and the calendar year. He is raising his base case view of the stock price to $135, citing his view that Genuine is positioned to recapture its usual S&P multiple versus its current discount. Pricing in both auto and industrial appears to be accelerating, which is also good news for Outperform-rated Advance Auto Parts (AAP) and O'Reilly Automotive (ORLY), said Melich, who has an In Line rating on Genuine Parts shares ahead of its earnings report due in mid-October.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$600.79 /

+9.4 (+1.59%)

GPC Genuine Parts
$124.21 /

+4.14 (+3.45%)

AAP Advance Auto Parts
$205.21 /

+5.04 (+2.52%)

GPC Genuine Parts
$124.21 /

+4.14 (+3.45%)

05/04/21 Goldman Sachs
Genuine Parts upgraded to Neutral from Sell at Goldman Sachs
04/28/21 Argus
Genuine Parts price target raised to $140 from $109 at Argus
04/26/21 JPMorgan
Genuine Parts price target raised to $140 from $115 at JPMorgan
04/23/21 RBC Capital
Genuine Parts price target raised to $129 from $115 at RBC Capital
AAP Advance Auto Parts
$205.21 /

+5.04 (+2.52%)

09/01/21 Argus
Advance Auto Parts price target raised to $225 from $215 at Argus
08/27/21
Fly Intel: Top five analyst downgrades
08/27/21 Morgan Stanley
Advance Auto Parts downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
Advance Auto Parts downgraded to Equal Weight from Overweight at Morgan Stanley
ORLY O'Reilly Automotive
$600.79 /

+9.4 (+1.59%)

08/27/21 Morgan Stanley
O'Reilly Automotive downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
O'Reilly downgraded to Equal Weight from Overweight at Morgan Stanley
08/17/21 Morgan Stanley
Advance Auto Parts price target raised to $225 from $215 at Morgan Stanley
ORLY O'Reilly Automotive
$600.79 /

+9.4 (+1.59%)

GPC Genuine Parts
$124.21 /

+4.14 (+3.45%)

AAP Advance Auto Parts
$205.21 /

+5.04 (+2.52%)

ORLY O'Reilly Automotive
$600.79 /

+9.4 (+1.59%)

ORLY O'Reilly Automotive
$600.79 /

+9.4 (+1.59%)

GPC Genuine Parts
$124.21 /

+4.14 (+3.45%)

AAP Advance Auto Parts
$205.21 /

+5.04 (+2.52%)

Over a week ago
Downgrade
Fly Intel: Top five analyst downgrades » 09:32
08/27/21
08/27
09:32
08/27/21
09:32
ULTA

Ulta Beauty

$388.70 /

-0.815 (-0.21%)

, HPQ

HP Inc.

$29.12 /

-0.28 (-0.95%)

, FIVE

Five Below

$224.50 /

-11.76 (-4.98%)

, MRVL

Marvell

$63.23 /

+0.03 (+0.05%)

, AAP

Advance Auto Parts

$208.76 /

-3.47 (-1.64%)

, AZO

AutoZone

$1,587.96 /

-20.065 (-1.25%)

, ORLY

O'Reilly Automotive

$600.21 /

-7.22 (-1.19%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Ulta Beauty (ULTA) downgraded to Equal Weight from Overweight at Wells Fargo with analyst Ike Boruchow saying the Street is already modeling margins ahead of management's long-term target, making it difficult to envision upside to consensus estimates. 2. HP Inc. (HPQ) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Katy Huberty saying the company's execution issues and lower earnings quality limit upside share in near term. 3. Five Below (FIVE) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Simeon Gutman saying the downgrade is prompted by a balanced risk/reward skew, a fairly priced equity, and adherence to the "mid-cycle" rotation theme. 4. Marvell (MRVL) downgraded to Hold from Buy at Craig-Hallum with analyst Christian Schwab saying that while the company's "strong" execution continues, he struggles to justify a higher share price relative to current levels. 5. Advance Auto Parts (AAP), AutoZone (AZO) and O'Reilly Automotive (ORLY) were all downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Simeon Gutman citing a balanced risk/reward skew and limited upside. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
ULTA Ulta Beauty
$388.70 /

-0.815 (-0.21%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

MRVL Marvell
$63.23 /

+0.03 (+0.05%)

HPQ HP Inc.
$29.12 /

-0.28 (-0.95%)

FIVE Five Below
$224.50 /

-11.76 (-4.98%)

AZO AutoZone
$1,587.96 /

-20.065 (-1.25%)

AAP Advance Auto Parts
$208.76 /

-3.47 (-1.64%)

ULTA Ulta Beauty
$388.70 /

-0.815 (-0.21%)

08/27/21 JPMorgan
Ulta Beauty price target raised to $425 from $379 at JPMorgan
08/27/21 Wells Fargo
Wells Fargo downgrades Ulta Beauty with recovery thesis played out
08/27/21 Wells Fargo
Ulta Beauty downgraded to Equal Weight from Overweight at Wells Fargo
08/26/21 Baird
Ulta Beauty price target raised to $460 from $390 at Baird
HPQ HP Inc.
$29.12 /

-0.28 (-0.95%)

08/27/21 Morgan Stanley
Morgan Stanley prefers Dell to HP, ups price target to $133
08/27/21 Morgan Stanley
HP Inc. downgraded to Equal Weight from Overweight at Morgan Stanley
08/09/21
Fly Intel: Top five analyst initiations
08/09/21 Jefferies
HP Inc. initiated with a Hold at Jefferies
FIVE Five Below
$224.50 /

-11.76 (-4.98%)

08/27/21 Morgan Stanley
Five Below downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
Five Below downgraded to Equal Weight from Overweight at Morgan Stanley
08/23/21 Deutsche Bank
Five Below price target raised to $271 from $254 at Deutsche Bank
08/16/21 JPMorgan
Five Below price target raised to $250 from $235 at JPMorgan
MRVL Marvell
$63.23 /

+0.03 (+0.05%)

08/27/21 Craig-Hallum
Marvell downgraded to Hold on valuation at Craig-Hallum
08/27/21 Craig-Hallum
Marvell downgraded to Hold from Buy at Craig-Hallum
08/27/21 B. Riley
Marvell earnings selloff brings 'enhanced entry point,' says B. Riley
08/27/21 Wells Fargo
Marvell price target raised to $62 from $50 at Wells Fargo
AAP Advance Auto Parts
$208.76 /

-3.47 (-1.64%)

08/27/21 Morgan Stanley
Advance Auto Parts downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
Advance Auto Parts downgraded to Equal Weight from Overweight at Morgan Stanley
08/25/21 DA Davidson
Advance Auto Parts price target raised to $220 from $210 at DA Davidson
08/25/21 Credit Suisse
Advance Auto Parts price target raised to $235 from $230 at Credit Suisse
AZO AutoZone
$1,587.96 /

-20.065 (-1.25%)

08/27/21 Morgan Stanley
AutoZone downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
AutoZone downgraded to Equal Weight from Overweight at Morgan Stanley
07/27/21
Fly Intel: Top five analyst downgrades
07/27/21 Raymond James
AutoZone downgraded to Outperform from Strong Buy at Raymond James
ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

08/27/21 Morgan Stanley
O'Reilly Automotive downgraded to Equal Weight from Overweight at Morgan Stanley
08/27/21 Morgan Stanley
O'Reilly downgraded to Equal Weight from Overweight at Morgan Stanley
08/17/21 Morgan Stanley
Advance Auto Parts price target raised to $225 from $215 at Morgan Stanley
07/30/21 Oppenheimer
O'Reilly Automotive price target raised to $690 from $590 at Oppenheimer
ULTA Ulta Beauty
$388.70 /

-0.815 (-0.21%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

MRVL Marvell
$63.23 /

+0.03 (+0.05%)

HPQ HP Inc.
$29.12 /

-0.28 (-0.95%)

FIVE Five Below
$224.50 /

-11.76 (-4.98%)

AZO AutoZone
$1,587.96 /

-20.065 (-1.25%)

AAP Advance Auto Parts
$208.76 /

-3.47 (-1.64%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

MRVL Marvell
$63.23 /

+0.03 (+0.05%)

HPQ HP Inc.
$29.12 /

-0.28 (-0.95%)

ULTA Ulta Beauty
$388.70 /

-0.815 (-0.21%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

MRVL Marvell
$63.23 /

+0.03 (+0.05%)

HPQ HP Inc.
$29.12 /

-0.28 (-0.95%)

FIVE Five Below
$224.50 /

-11.76 (-4.98%)

AZO AutoZone
$1,587.96 /

-20.065 (-1.25%)

AAP Advance Auto Parts
$208.76 /

-3.47 (-1.64%)

ULTA Ulta Beauty
$388.70 /

-0.815 (-0.21%)

MRVL Marvell
$63.23 /

+0.03 (+0.05%)

HPQ HP Inc.
$29.12 /

-0.28 (-0.95%)

Downgrade
O'Reilly Automotive downgraded to Equal Weight from Overweight at Morgan Stanley » 06:01
08/27/21
08/27
06:01
08/27/21
06:01
ORLY

O'Reilly Automotive

$600.21 /

-7.22 (-1.19%)

Morgan Stanley analyst…

Morgan Stanley analyst Simeon Gutman downgraded O'Reilly Automotive to Equal Weight from Overweight with a $630 price target. While Gutman views O'Reilly as a best-in-class operator in the defensive DIY Auto space, which typically outperforms during recessions, he cites a balanced risk/reward skew and limited upside for the downgrade, the analyst tells investors in a research note.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

08/27/21 Morgan Stanley
O'Reilly downgraded to Equal Weight from Overweight at Morgan Stanley
08/17/21 Morgan Stanley
Advance Auto Parts price target raised to $225 from $215 at Morgan Stanley
07/30/21 Oppenheimer
O'Reilly Automotive price target raised to $690 from $590 at Oppenheimer
07/29/21 Wedbush
O'Reilly Automotive price target raised to $590 from $540 at Wedbush
ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

Downgrade
O'Reilly downgraded to Equal Weight from Overweight at Morgan Stanley » 05:10
08/27/21
08/27
05:10
08/27/21
05:10
ORLY

O'Reilly Automotive

$600.21 /

-7.22 (-1.19%)

Morgan Stanley analyst…

Morgan Stanley analyst Simeon Gutman downgraded O'Reilly Automotive to Equal Weight from Overweight with a $630 price target.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

08/17/21 Morgan Stanley
Advance Auto Parts price target raised to $225 from $215 at Morgan Stanley
07/30/21 Oppenheimer
O'Reilly Automotive price target raised to $690 from $590 at Oppenheimer
07/29/21 Wedbush
O'Reilly Automotive price target raised to $590 from $540 at Wedbush
07/29/21 Wells Fargo
O'Reilly Automotive price target raised to $670 from $660 at Wells Fargo
ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

ORLY O'Reilly Automotive
$600.21 /

-7.22 (-1.19%)

Over a month ago
Recommendations
Advance Auto Parts price target raised to $225 from $215 at Morgan Stanley » 08:41
08/17/21
08/17
08:41
08/17/21
08:41
AAP

Advance Auto Parts

$212.28 /

+5.885 (+2.85%)

, ORLY

O'Reilly Automotive

$604.21 /

+9.75 (+1.64%)

Morgan Stanley analyst…

Morgan Stanley analyst Simeon Gutman raised the firm's price target on Advance Auto Parts (AAP) to $225 from $215 and keeps an Overweight rating on the shares ahead of what he expects to be a "beat and raise" Q2 report on August 24. Using O'Reilly Automotive's (ORLY) report at the end of July as a read-through, he expects Advance Auto to "overdeliver on sales and earnings," Gutman tells investors in an earnings preview note.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$604.21 /

+9.75 (+1.64%)

AAP Advance Auto Parts
$212.28 /

+5.885 (+2.85%)

AAP Advance Auto Parts
$212.28 /

+5.885 (+2.85%)

07/27/21
Fly Intel: Top five analyst upgrades
07/27/21 Raymond James
Advance Auto Parts upgraded to Strong Buy from Outperform at Raymond James
07/27/21 Raymond James
Advance Auto Parts upgraded to Strong Buy from Outperform at Raymond James
06/17/21 RBC Capital
Advance Auto Parts at inflection point toward margin expansion, says RBC Capital
ORLY O'Reilly Automotive
$604.21 /

+9.75 (+1.64%)

07/30/21 Oppenheimer
O'Reilly Automotive price target raised to $690 from $590 at Oppenheimer
07/29/21 Wedbush
O'Reilly Automotive price target raised to $590 from $540 at Wedbush
07/29/21 Wells Fargo
O'Reilly Automotive price target raised to $670 from $660 at Wells Fargo
07/27/21
Fly Intel: Top five analyst downgrades
ORLY O'Reilly Automotive
$604.21 /

+9.75 (+1.64%)

AAP Advance Auto Parts
$212.28 /

+5.885 (+2.85%)

ORLY O'Reilly Automotive
$604.21 /

+9.75 (+1.64%)

ORLY O'Reilly Automotive
$604.21 /

+9.75 (+1.64%)

AAP Advance Auto Parts
$212.28 /

+5.885 (+2.85%)

Recommendations
O'Reilly Automotive price target raised to $690 from $590 at Oppenheimer » 07:50
07/30/21
07/30
07:50
07/30/21
07:50
ORLY

O'Reilly Automotive

$596.94 /

-13.055 (-2.14%)

Oppenheimer analyst Brian…

Oppenheimer analyst Brian Nagel raised the firm's price target on O'Reilly Automotive to $690 from $590 and keeps an Outperform rating on the shares. Recent results from O'Reilly have proven consistent with the firm's positive thesis on shares and demonstrate clearly underlying top- and bottom-line momentum at the chain, Nagel tells investors in a research note.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$596.94 /

-13.055 (-2.14%)

ORLY O'Reilly Automotive
$596.94 /

-13.055 (-2.14%)

07/29/21 Wedbush
O'Reilly Automotive price target raised to $590 from $540 at Wedbush
07/29/21 Wells Fargo
O'Reilly Automotive price target raised to $670 from $660 at Wells Fargo
07/27/21
Fly Intel: Top five analyst downgrades
07/27/21 Raymond James
O'Reilly Automotive downgraded to Market Perform from Outperform at Raymond James
ORLY O'Reilly Automotive
$596.94 /

-13.055 (-2.14%)

ORLY O'Reilly Automotive
$596.94 /

-13.055 (-2.14%)

ORLY O'Reilly Automotive
$596.94 /

-13.055 (-2.14%)

Recommendations
O'Reilly Automotive price target raised to $590 from $540 at Wedbush » 09:15
07/29/21
07/29
09:15
07/29/21
09:15
ORLY

O'Reilly Automotive

$610.48 /

-6.395 (-1.04%)

Wedbush analyst Seth…

Wedbush analyst Seth Basham raised the firm's price target on O'Reilly Automotive to $590 from $540 and keeps a Neutral rating on the shares. The analyst notes O'Reilly Automotive reported "strong" Q2 results that topped sell-side expectations.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

07/29/21 Wells Fargo
O'Reilly Automotive price target raised to $670 from $660 at Wells Fargo
07/27/21
Fly Intel: Top five analyst downgrades
07/27/21 Raymond James
O'Reilly Automotive downgraded to Market Perform from Outperform at Raymond James
07/27/21 Raymond James
O'Reilly Automotive downgraded to Market Perform from Outperform at Raymond James
ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

Recommendations
O'Reilly Automotive price target raised to $670 from $660 at Wells Fargo » 08:12
07/29/21
07/29
08:12
07/29/21
08:12
ORLY

O'Reilly Automotive

$610.48 /

-6.395 (-1.04%)

Wells Fargo analyst…

Wells Fargo analyst Zachary Fadem raised the firm's price target on O'Reilly Automotive to $670 from $660 and keeps an Overweight rating on the shares. The analyst notes that while O'Reilly Automotive delivered yet "another impressive print," the analyst sees shares slightly lower as +9.9% comps landed just short of +LDD% buyside expectations, while rising costs and incremental Q2 investments drove the company's first quarter of contracting EBIT margins since Q1 last year. That said, underlying trends accelerated nicely despite waning stimulus benefits, with 2-year comps +320bps versus Q1, and better-than-expected May/June volumes continuing into July ahead of easing August/September compares, Fadem adds.

ShowHide Related Items >><<
ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

07/27/21
Fly Intel: Top five analyst downgrades
07/27/21 Raymond James
O'Reilly Automotive downgraded to Market Perform from Outperform at Raymond James
07/27/21 Raymond James
O'Reilly Automotive downgraded to Market Perform from Outperform at Raymond James
07/20/21 Wells Fargo
O'Reilly Automotive price target raised to $660 from $600 at Wells Fargo
ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

ORLY O'Reilly Automotive
$610.48 /

-6.395 (-1.04%)

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