12:04 PM EDT, 05/02/2025 (MT Newswires) -- AutoZone ( AZO ) presents a lucrative buying opportunity amid tariff-driven sales and profit tailwinds, Oppenheimer said in a Friday research report.

Analysts said they maintain a positive outlook on the auto parts segment and leading chains like AutoZone ( AZO ), given considerable pricing power, potential for scale, market share opportunities, strong capital positions, and higher car prices compelling consumers to maintain existing vehicles longer.

Tailwinds like same-Stock Keeping Unit inflation and easing competition will likely strengthen commercial sales growth at the company, according to the note.

The brokerage increased its fiscal 2026 EPS estimate to $184 from $168 earlier, based on 6% to 8% comp sales growth.

Oppenheimer said it upgraded the stock to outperform from perform with a 12-month target price of $4,600 per share.

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