AutoZone's Stock Dip, But Analysts Still Bullish

AutoZones stock has seen a recent dip, falling by nearly thirteen percent since September, but over the past year, it has still managed to climb by over twenty percent, closely matching the Nasdaqs growth. Despite concerns about margin pressures and a three-point-one percent drop earlier this week, analysts remain optimistic, with a Strong Buy consensus and an average price target suggesting a nearly nineteen percent increase from the current level.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.