AutoZone (AZO) Tops Q4 EPS by 14c, Comps Increase 1%

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AutoZone (AZO) PT Lowered to $655 at UBS on 4Q Earnings Report; 'Uncertainy Over Long Term SSS Returning to Prior Levels'

September 20, 2017 9:46 AM EDT

UBS lowered its price target on AutoZone (NYSE: AZO) to $655.00 (from $725.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Michael Lasser notes the company delivered fourth quarter earnings per share and revenue results above consensus fueled by... More