Greg Melich analyst at Evercore ISI reiterates coverage on AutoZone (AZO) in the healthtech stock sector with a Buy rating. TipRanks.com has Melich rated as a 3.7 star analyst with a 57% return on investment and a 5.1% success rate. Melich has set a price target of $2670.
TipRanks.com reports that AutoZone stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $2,818.20. The target pricing ranges from a high forecast of $3000 down to a low forecast of $2670. AutoZone (AZO) stock's last closing price was $2,572.96 which would put the average price target at 9.53% upside.
In addition, TradingView.com issued a rating for AZO over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on AZO's stock.
Other analysts covering AZO stock include:
- Daniel Imbro of Stephens issued a Buy rating with the price target of $2800 on 2 months ago
- Zachary Fadem of Wells Fargo issued a Buy rating with the price target of $3000 on 2 months ago
- Seth Sigman of Barclays issued a Buy rating with the price target of $2721 on 2 months ago
- Michael Lasser of UBS issued a Buy rating with the price target of $2900 on 2 months ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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