Updates
** AutoZone Inc's AZO.N shares rise 2% to $3,784 in early trading
** Brokerages raise their PT on co AZO.N after auto parts retailer on Tuesday beat Wall Street estimates for Q3 sales
** Guggenheim says Q3 was mixed, yet constructive as domestic commercial growth continues to gain momentum
** BMO says hub and mega hub ramp up continues to grow faster as co plans to open 10 mega-hubs next quarter and under 300 at full build by end of year
** Twenty four of 29 brokerages rate stock "buy" or higher, five "hold"; their median PT is $4,069 - data compiled by LSEG
** Including session's moves, shares up 18% YTD
Brokerage | New PT | Old PT | Upside to the stock's last close |
Guggenheim | $4,100 | $3,850 | 11% |
BMO | $4,100 | $3,850 | 11% |
Truist Securities | $4,038 | $3,995 | 9% |
UBS | $4,260 | $4,025 | 15% |
Raymond James | $4,200 | $4,000 | 14% |
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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