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Benzinga
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AutoZone Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. AZO will report Q3 earnings on May 27, estimates at $37 per share. 2. Projected revenue for Q3 is $4.41 billion, an increase from last year. 3. AZO shares fell slightly to $3,859.25 amid mixed earnings outlook. 4. Multiple analysts upgraded AZO's stock price targets recently. 5. Wells Fargo raised AZO's target to $4,200, signaling confidence in performance.

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FAQ

Why Bullish?

Analysts expect increased earnings and revenue, likely boosting investor confidence. Recent upgrades in price targets also indicate positive market sentiment.

How important is it?

With positive forecasts and multiple analyst upgrades, the article is highly relevant for potential stock movements.

Why Short Term?

Upcoming Q3 earnings report should lead to immediate market reactions. Historical patterns show earnings announcements significantly affect stock prices short-term.

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