There have been positive trends indicated for AutoZone (AZO). Evercore ISI and Bank of America upgraded AZO shares, with lifted price targets up to $4,250. Companies, including DoubleLine ETF Adviser and Graham Capital Management, are taking positions in AZO, displaying strengthening investor confidence. AZO stocks are also gaining traction due to strong fund flows and bullish views from Wallstreet. On the management aspect, the company has announced key executive leadership changes, fueling speculations of its strategic expansion strategy comprising 3,000 new stores. However, some entities such as AQR Capital Management and Rafferty Asset Management are reducing their stakes.
Despite this mixed outlook, analysts remain optimistic. AZO has been reported to outperform in the current market with potential to double down on its performance due to Auto Tariff relaxation. However, with a recent dip in share price and high evaluations, volatility should be expected. The company is preparing to announce its Q4 FY2025 financial results on September 23, 2025.
Even with this uncertainty, the general consensus among brokerages remains a bullish stance, and AZO is notably considered as a 'Perennial All-Star' stock.
Autozone AZO News Analytics from Wed, 12 Mar 2025 07:00:00 GMT to Sat, 06 Sep 2025 13:47:22 GMT - Rating 8 - Innovation 3 - Information 7 - Rumor -2
