Guggenheim Adjusts Price Target on AutoZone to $4,400 From $4,600, Maintains Buy Rating

By Mt Newswires

Guggenheim Adjusts Price Target on AutoZone to $4,400 From $4,600, Maintains Buy Rating

AutoZone, Inc. specializes in distributing automotive spare parts and accessories. The group offers compressors, batteries, carburetors, clutches, des rotors, des motors, fuel pumps, etc. Net sales break down by activity as follows: - retail and professional distribution (98.2%): sale of spare parts primarily to garages and service stations; - other (1.8%): sales of diagnostic and maintenance software (name Alldata), and an e-commerce division. At the end of August 2024, AutoZone, Inc. had a network of 7,353 stores located in the United States and Puerto Rico (6,432), Mexico (794) and Brazil (127).

Auto Vehicles, Parts & Service Retailers

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