Barclays raised the firm’s price target on O’Reilly Automotive (ORLY) to $1,088 from $986 and keeps an Equal Weight rating on the shares post the Q3 report. The results were largely as expected, with comps slowing through the quarter but consistent with most industry benchmarks, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORLY:
- O’Reilly Automotive price target raised to $1,360 from $1,290 at BofA
- O’Reilly Automotive price target raised to $1,150 from $1,100 at Morgan Stanley
- Closing Bell Movers: Tesla gains 12% as Q3 earnings beat estimates
- O’Reilly Automotive down 3% at $1,162 after Q3 earnings miss, guidance cut
- O’Reilly Automotive cuts FY24 EPS view to $40.60-$41.10 from $40.75-$41.25