O'Reilly Automotive (ORLY) Q2 Comps Fall Well Short of Outlook
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O'Reilly Automotive (ORLY) PT Lowered to $255 at UBS Following Pre-Announcement
July 6, 2017 9:09 AM EDTUBS lowered its price target on O'Reilly Automotive (NASDAQ: ORLY) to $255.00 (from $320.00) while maintaining a Buy rating. ORLY pre-announced 1.7% SSS growth that analyst Michael Lasser sees as 150 to 200 bps below what the market was anticipating for 2Q. The company attributed the soft result to... More
O'Reilly Automotive (ORLY) PT Lowered to $195 at Wedbush Following 2Q Preannouncement
July 6, 2017 8:17 AM EDTWedbush lowered its price target on O'Reilly Automotive (NASDAQ: ORLY) to $195.00 (from $260.00) while maintaining a Neutral rating following the company's 2Q preannouncement. ORLY's 2Q17 preannouncement highlights that more than weather is pressuring industry sales trends.
ORLY reported comps of 1.7% (vs. consensus 3.9% and guidance of 3-5%),... More
