
TD Cowen lifts PT on auto parts retailer O'Reilly Automotive ORLY.O to $125 from $112; new PT is a 11.6% premium from stock's last close
Maintains "buy" rating
Brokerage says consumer sentiment appears resilient despite economic uncertainty, supported by steady industry trends such as increased miles driven and an aging vehicle fleet
Adds co's strong execution, industry leadership, and recent investments position it for continued market share gains, especially as weaker competitors lose ground in a consolidating aftermarket space
23 of 31 brokerages rate the stock "buy" or higher, 8 "hold"; their median PT is $110- data compiled by LSEG
As of last close, stock had risen 36% YTD compared with a 29.7% YTD increase in the S&P 500 Automotive Retail sub-index .SPLRCAUTR