AutoZone's 0.38 Billion-Dollar Volume Ranks 272nd as Analysts Hike Price Targets 25.64% Amid Auto Aftermarket Resilience

On September 3, 2025, AutoZone (AZO) closed with a 0.23% gain, trading with a volume of $0.38 billion, ranking 272nd in market activity. The stock has drawn renewed analyst optimism following multiple upgrades to its price targets. Citigroup analyst Steven Zaccone raised the price target to $4,900, a 25.64% increase from $3,900, while maintaining a "Buy" rating. This follows similar adjustments from Evercore ISI Group, Mizuho, BMO Capital, Raymond James, and Morgan Stanley in recent months, all reflecting confidence in AutoZone's operational strength and growth trajectory.

The consistent analyst support underscores AutoZone's dominant position in the U.S. automotive aftermarket sector, with its extensive store network and customer-centric service model. Analysts highlight the company's ability to sustain demand through both DIY and commercial markets, supported by its inventory depth and diagnostic expertise. These factors, combined with favorable analyst sentiment, position AZO as a key player in a resilient industry.

Recent institutional activity, including purchases by JPMorgan Chase and Vanguard Group, further signals investor confidence. However, some investors, such as Mitsubishi UFJ Asset Management and Swiss National Bank, have reduced holdings, indicating a mixed but largely constructive outlook. The absence of broader market volatility and the absence of conflicting news from competitors suggest that AZO's performance remains insulated by its core strengths.