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Wells Fargo analyst Zachary Fadem maintains AutoZone (NYSE:AZO) with a Overweight and lowers the price target from $4150 to $3500.
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Costco raised prices on its private-label motor oil and introduced weekly limits as rising crude oil costs ripple through auto care.
Citigroup analyst Steven Zaccone maintains AutoZone (NYSE:AZO) with a Buy and lowers the price target from $3700 to $3450.
Five Below reported Q2 earnings of $1.68 per share, beating consensus estimates of $1.34 by 25.37%, with revenues of $1.26 billion exceeding expectations by 3.79%. The stock has gained 30.1% year-to-date and holds a Zacks Rank #2 (Buy) rating. However, the broader Retail-Miscellaneous industry ranks in the bottom 15% of Zacks industries, which could impact future performance.