From Yahoo Finance: 2025-05-29 13:25:00

TD Cowen reaffirmed a “Buy” rating on AutoZone, Inc. (NYSE:AZO) with a price target of $4,300, citing strong performance despite short-term challenges. Domestic comparable sales grew by 5%, driven by both DIFM and DIY segments. AutoZone, Inc. is a leading retailer of aftermarket automotive parts in the US, positioning well for future growth.

While AutoZone, Inc.’s Q3 results were mixed due to margin pressures from one-time factors and investments, the company is expected to benefit from strategic initiatives in the long run. Analyst Max Rakhlenko sees potential for growth and market share expansion, especially as inflation trends favor the company’s strategic decisions in the future.



Read more at Yahoo Finance: TD Cowen Keeps Buy Rating on AutoZone (AZO), Sees Good Potential