UBS on Retail: Starts BBY, HD, AZO at Buy, KMX, ORLY, SPLS at Neutral

In the Retail space, an analyst at UBS has initiated coverage on numerous stocks:

• Advance Auto Parts (NYSE: AAP) with a Buy rating and $48 price target
  
• AutoZone (NYSE: AZO) with a Buy and $170 target
  
• Bed, Bath & Beyond (Nasdaq: BBBY) with a Buy and $42 target
  
• Best Buy (NYSE: BBY) with a Buy and $46 target
  
• Home Depot (NYSE: HD) with a Buy and $31 target
  
• Lowe's (NYSE: LOW) with a Buy and $26 target
  
• CarMax (NYSE: KMX) with a Neutral and $22 target
  
• O'Reilly Auto (Nasdaq: ORLY) with a Neutral and $41 target
  
• Staples (Nasdaq: SPLS) with a Neutral and $23 target

The SPDR S&P Retail ETF (NYSE: XRT) is down 0.4% today.

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