AutoZone (AZO) Stock: Why It Increased Today

By Amit Chowdhry ● Jun 27, 2022
  • The stock price of AutoZone, Inc. (NYSE: AZO) increased by over 1.05% during intraday trading today. This is why.

The stock price of AutoZone, Inc. (NYSE: AZO) increased by over 1.05% during intraday trading today. Investors are responding positively to a bullish research report.

Goldman Sachs analyst Kate McShane upgraded AutoZone from a “Neutral” rating to a “Buy” rating. And McShane increased the price target from $1,969 to $2,296.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.