The bank upgraded the auto parts retailer to buy and raised its price target to $1,040 per share from $983.
Citi thinks O'Reilly Automotive will buck the broader weakness in the retail market. The bank upgraded the auto parts retailer to buy from neutral and raised its price target to $1,040 per share from $983. Citi's new forecast suggests 15.9% upside for the stock from Wednesday's closing price. "We think the recent pullback in the shares presents an attractive buying opportunity for the stable, defensive retail stock," analyst Steven Zaccone wrote in a Thursday note.
mountain ORLY in past 12 months — CNBC's Michael Bloom contributed to this report.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Here's how to get tickets to 'Wheel of Fortune Live'You’re going to need to buy a ticket if you want to buy a vowel.
Weiterlesen »
Block Stock Could Be Dead Money for Some Time, Says CitiCitigroup analysts removed payments firm Block from its top picks rank, cut the target price on the stock to $65 from $90, but till has a Buy rating on shares.
Weiterlesen »
GM lines up $6B in financing from JPMorgan Chase, Citi and other lendersGeneral Motors Co. said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. as administrative...
Weiterlesen »
Delta and United Have ‘Best Demand Trajectories’ in U.S. Airlines, Says CitiCiti analysts led by Stephen Trent lowered estimates and price targets for Delta, United Airlines, Southwest, and American. They kept Buy ratings on first...
Weiterlesen »
Evercore ISI says buy this eyewear stock as it approaches a 'fundamental inflection year'Besides strong fundamentals, positive survey results and an attractive valuation make a compelling case for buying this stock, according to Evercore.
Weiterlesen »