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Fly News Breaks for February 8, 2018
ORLY
Feb 8, 2018 | 09:13 EDT
Credit Suisse analyst Seth Sigman raised his price target for O'Reilly Automotive to $264 from $241 as he believes it is relatively well positioned to benefit from an improving industry outlook in 2018, and on paper is compelling given the outlook for mid-, or even high-single digit gross profit growth, improving free cash flow in 2018, and low valuation. He reiterates a Neutral rating on the shares.
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