AutoZone (AZO) price target raised to $4,900 by Raymond James

Raymond James has raised the price target for AutoZone (AZO) to $4,900 from $4,200. The grading company maintains a “Strong Buy” rating for the stock. This update comes as AutoZone’s stock price was $4,241.01 when the news was published. Investors are advised to hold the stock based on Raymond James’ analysis.