Form 8-K O REILLY AUTOMOTIVE INC For: Feb 06
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O'Reilly Automotive (ORLY) PT Raised to $398 at RBC Capital
February 8, 2019 6:35 AM ESTRBC Capital analyst Scot Ciccarelli raised the price target on O'Reilly Automotive (NASDAQ: ORLY) to $398.00 (from $389.00) while maintaining a Outperform rating.
Ciccarelli said due to the growing impact of inflation (~200 bps) and improving car parc trends, 1Q/2019 comp guidance of 3%-5% was above expectation.
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