BUZZ-TD Cowen raises O'Reilly Automotive's PT on strategy, market share growth

Reuters04-15

** TD Cowen raises PT on autoparts distributor O'Reilly Automotive by $105 to $1,275, citing the co's strategy and market share growth

** Says ORLY remains "top pick"; adds that potential valuation pressure remains a likely risk

** Also raises PT on Advance Auto Parts by $5 to $65, AutoZone by $100 to $3,450, on auto parts demand

** YTD, ORLY flat, and AZO and AAP up ~15%

(Reporting by Nathan Gomes in Bengaluru)

((Nathan.Gomes@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment