Merit Financial Group LLC has acquired $215,000 worth of
AutoZone (AZO) stock, capturing the attention of investors who are drawn to this strong value stock.
UBS also indicates that AutoZone presents an 'attractive buying opportunity'. AutoZone's Q2 earnings were in line with expectations and the share buyback program was expanded due to impressive results. The company's
stock position was increased by
Sawgrass Asset Management LLC, placing AutoZone's stock in a good position.
AutoZone's price target was cut to $3420.00 by analysts at Citigroup and the company has inked a deal to sell IMC to Parts Authority.
Citigroup has also given AutoZone a new price target of $3,420.00. Eric Gould, Autozone's Senior Vice President, sold 2,100 shares while other senior executives also released significant numbers of shares. The company recently posted solid earnings with an EPS jumping to $28.89 in Q2. Over the past five years, investment in AutoZone has produced substantial gains, with a total increase of 201%.
AutoZone's stock is rated as a top growth, momentum, and value stock for the long-term.
Autozone AZO News Analytics from Tue, 19 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 10:53:17 GMT -
Rating 7
- Innovation 1
- Information 6
- Rumor -2
