Brokerages raise PT on AutoZone after Q3 sales beat

Autozone

28/05/2025 13:13

** Brokerages raise their PT on AutoZone Inc 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

** As of last close, stock had risen 15.4% 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%

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))