AutoZone (AZO) volatility increase into Q1 and outlook

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AutoZone (AZO) PT Raised to $810 at UBS; Reiterates Buy

December 6, 2017 7:48 AM EST

UBS raised its price target on AutoZone (NYSE: AZO) to $810.00 (from $750.00) while maintaining a Buy rating following the company's 1Q earnings report. A 2.3% comp in 1Q cleared the consensus estimate of 0.9%, even when backing out the 50-60 bps of benefit from natural disaster... More