UPDATE: Goldman Sachs Downgrades AutoZone as Stock Approaches Target
November 26, 2013 at 11:13 AM EST
In a report published Tuesday, Goldman Sachs analyst Matthew J. Fassler downgraded the rating on AutoZone (NYSE: AZO ) from Buy to Neutral, but raised the price target from $470.00 to $500.00. In the report, Goldman Sachs noted, “We remove AZO from the Buy List, and rate the shares Neutral.
