JPMorgan Hikes AutoZone Price Target Ahead of Q3 Earnings
From Yahoo Finance: 2025-05-26 09:19:00
JPMorgan raised AutoZone Inc.’s price target from $3,830 to $4,350 with an Overweight rating before the third-quarter earnings release on May 28.
Analysts expect AutoZone to gain market share and profit from self-help programs. JPMorgan highlights process improvements and anticipates growth within a few quarters, despite slightly lower margin estimates compared to the Street’s projections.
While AutoZone shows promise, some AI stocks may offer higher returns with lower downside risk. For more information on promising AI stocks, check out the report on the cheapest AI stock.
For more stock market insights, read about the 10 Best Magic Formula Stocks for 2025 and the 10 Best Retirement Stocks to Buy according to Hedge Funds.
Disclosure: None.
Read more: JPMorgan Hikes AutoZone Price Target Ahead of Q3 Earnings