Stock price when the opinion was issued
We do not see any significant news driving AZO's price lower other than institutional transactions. Barclays did slightly lower its target price recently. We continue to like AZO and at current levels it remains an attractive buy. AZO is also known to aggressively buy back shares.
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They're growing their commercial business in Mexico, people are holding onto their cars longer and they manage their margin expansion well. Still likes it.