AutoZone (AZO) option implied volatility bid into quarter results and outlook

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AutoZone (AZO) PT Raised to $1,329 at RBC Capital

September 23, 2020 7:12 AM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on AutoZone (NYSE: AZO) to $1,329.00 (from $1,323.00) while maintaining a Sector Perform rating as DIY segment drives impressive 4Q comps. Comps increased by +21.8% (vs.13.5% estimate) and were highly consistent through most of the quarter, ranging... More