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AutoZone Stock to Cross $4400 This Year: This Is Why

AutoZone TodayAZOAutoZone3,745.72+50.06 (+1.353,745.72 +50.06 (+1.35%) 52-Week Range2,728.97▼3,916.81P/ERatio25.02PriceTarget3,916.81P/E Ratio25.02Price Target4,054.52Add to WatchlistAutoZone NYSE: AZO shares are in a long-term, sustained uptrend and are expected to cross the 4,400levelthisyear.ThemarketforAZOsharesisexpectedtosurpassthe4,400 level this year. The market for AZO shares is expected to surpass the 4,400 level due to its growing blue-chip business, strong cash flow, capital return, analysts’ activity, and stock price action leading up to the FQ3 earnings release.  The stock price action alone is enou ...