AutoZone Inc. (AZO)

[TFMG]

$AZO BULLS STILL IN CONTROL $1100 PRICE TARGET

AutoZone’s strategy of fast delivery of high-quality products is expected to drive third-quarter fiscal 2019 results. Besides having a growing physical presence through ramping up store openings, its online platform is adding to a impressive growth performance, these online initiatives will further improve sales and market share for the leading retailer and distributor of automotive replacement parts and accessories in the soon-to-be-released quarter.
This is one company that has not let AMAZON walk all over it, specialist companies have loyal and long standing relationships with suppliers and customers.
ANALYSTS RATING OVERWEIGHT
ANALYSTS PRICE TARGET $1050
AutoZone , Inc. engages in the provision of retail and distribution of automotive replacement parts and accessories. It operates through the Auto Parts Locations and Other segments. The Auto Parts Locations segment provides automotive parts and accessories through the company's stores in the U.S., Puerto Rico , Mexico, and Brazil. The Other segment consists of ALLDATA, which produces, sells, and maintains diagnostic and repair information software used in the automotive repair industry.