Consumer Discretionary
Automotive Retail
3 companies under coverage.
Coverage
Automotive Retail
Equity Research
Carvana Co (CVNA)
The bull case — 'Bull — Platform Re-Rate' (8% weight) — targets $134, +104% vs spot. It needs Gross Margin to surprise to the upside.
Equity Research
AutoZone Inc (AZO)
The bull case — 'Bull — Defensive Re-Rate' (8% weight) — targets $4,662, +46% vs spot. It needs the multiple to hold or expand.
Equity Research
O’Reilly Automotive Inc (ORLY)
The bull case — 'Bull — Defensive Re-Rate' (8% weight) — targets $136, +47% vs spot. It needs the multiple to hold or expand.