Wells Fargo analyst Zachary Fadem raised the firm’s price target on O’Reilly Automotive (ORLY) to $1,550 from $1,425 and keeps an Overweight rating on the shares. The firm expects a likely precarious EPS season to feature Q1 downside, guidance cuts/pulls and undeniable uncertainty. The company seems relatively better off with needs-based demand, share/scale and pass-through price, Wells adds.
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