AutoZone (AZO) Tops Q2 EPS by $2.59

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AutoZone (AZO) PT Raised to $3,200 at CFRA, 'We...like AZO's robust international growth'

February 27, 2024 12:04 PM EST

CFRA analyst Garrett Nelson raised the price target on AutoZone (NYSE: AZO) to $3,200.00 (from $3,000.00) while maintaining a Buy rating.

The analyst comments "We lift our 12-month target to $3,200 from $3,000, based on a FY 25 (Aug.) P/E of 19.0x, a premium to... More

AutoZone's (AZO) Q2 earnings and revenue beat projections, stock climbs

February 27, 2024 7:28 AM EST

Shares of AutoZone (NYSE: AZO) rose more than 2% in premarket trading Tuesday after the auto parts retailer reported better-than-expected FQ2 earnings and revenue, while comparable sales growth slightly missed expectations.

Earnings per share (EPS) for the fiscal second quarter were reported at $28.89, surpassing the... More