DA Davidson raised the firm’s price target on O’Reilly Automotive (ORLY) to $1,390 from $1,275 and keeps a Buy rating on the shares after its Q3 results. The stock should continue to act well even in the face of some near-term industry headwinds as most investors see a best in class retailer in an industry that is “generally fairly stable”, the analyst tells investors in a research note.
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