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AutoZone (AZO) Gets a Buy from Argus Research

In a report released yesterday, Bill Selesky from Argus Research maintained a Buy rating on AutoZone (AZOResearch Report). The company’s shares opened today at $3,178.74.

According to TipRanks, Selesky is a 4-star analyst with an average return of 5.7% and a 54.66% success rate. Selesky covers the Energy sector, focusing on stocks such as BP, Kinder Morgan, and Occidental Petroleum.

AutoZone has an analyst consensus of Strong Buy, with a price target consensus of $3,272.47, which is a 2.95% upside from current levels. In a report released on September 25, Guggenheim also maintained a Buy rating on the stock with a $3,350.00 price target.

AZO market cap is currently $54.48B and has a P/E ratio of 21.81.

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AutoZone (AZO) Company Description:

Incorporated in 1979, Tennessee-based AutoZone, Inc. retails and distributes automotive replacement parts and accessories.