Mizuho lowers AutoZone to 'neutral' on lukewarm quarterly results
ReutersJan 5, 2026 1:57 PM
Mizuho downgrades auto parts retailer AutoZone AZO.N to "neutral" from "outperform"
Lowers PT to $3,550 from $3,850; new PT represents 7.5% upside on stock's last close
"Following another miss in fiscal Q1 and signals of elevated operating expenses, we view Street estimates as currently misaligned and overly optimistic," brokerage says
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