AZO Stock Gets A Target Reduction From JPMorgan — But Analyst Believes It’s Good Time To Add To Positions At Current Levels

AutoZone (AZO) shares remained in focus Monday after JPMorgan lowered its price target to $3,700 from $3,850 while maintaining an ‘Overweight’ rating on the stock, TheFly reported.AZO shares traded over 0.6% higher at the time of writing on Monday.Analyst Christopher Horvers said the firm sees an a…