
Oppenheimer Asset Management Inc. recently acquired a new stake of 2,830 shares in AutoZone, Inc. (NYSE:AZO) worth approximately $9.045 million. This comes as several other institutional investors also adjusted their positions in AutoZone. Analysts have given AutoZone a "Moderate Buy" consensus rating with an average price target of $4,029.43, and the company has also announced a $1.5 billion stock buyback plan.
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