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Fly News Breaks for September 20, 2017
AZO
Sep 20, 2017 | 07:49 EDT
Credit Suisse analyst Seth Sigman notes that AutoZone's stock traded off largely on concerns over higher expenses and limited visibility towards getting back to double digit growth in the near-term. While valid, the analyst believes that is more than reflected in the stock, and some of the more recent debates seem to be addressed. Sigman continues to see value, and reiterates an Outperform rating and $583 price target on the shares.
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