AutoZone 3rd Quarter Same Store Sales increase 2.0%; EPS Increases 12.6% to $10.77
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Morgan Stanley Remains Sidelined on AutoZone (AZO) Following 3Q Miss
May 25, 2016 11:24 AM EDTMorgan Stanley maintained an Equalweight rating and $820.00 price target on AutoZone (NYSE: AZO) following the company's 3Q earnings report. AZO reported EPS of $10.88, coming in below the Street's estimates of $10.92.
Analyst Simeon Gutman commented, "Q3 results were modestly weaker than expected with EPS 4c below... More
