AutoZone, Inc. (NYSE:AZO) has seen a significant amount of activity in recent times. The VP Richard Craig Smith and many other shareholders have reduced their shares, though companies such as the Prescott Group Capital Management, Westover Capital Advisors and Asset Advisors Investment Management expanded their holdings in AutoZone. Despite a decrease of 6.8% after the last earnings report, the stock rose 7.1% in the following period. Analysts and investors alike are optimistic about the potential of the stock, with TD Cowen maintaining a 'Buy' rating and a target of $4,800 set by BofA. Predicted growth, the possibility of a stock split, and Trump's relaxation on auto tariffs also bring positive prospects. At the same time, the firm has seen challenges with insider sales and gross margin's fall while maintaining strong same-store sales. Continued investment from new shareholders and positive endorsement from financial counselors show mixed reactions.
Autozone AZO News Analytics from Thu, 09 Jan 2025 08:00:00 GMT to Sun, 27 Jul 2025 00:31:07 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor 2
