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O’Reilly Automotive (NASDAQ:ORLY)‘s stock had its “neutral” rating restated by research analysts at Nomura in a report released on Friday, Analyst Ratings Network reports. They currently have a $150.00 price target on the stock, up from their previous price target of $140.00. Nomura’s price objective indicates a potential upside of 0.54% from the company’s current price.

The analysts wrote, “Auto part retailers appear to have ended 2013 on a strong note. Comps accelerated by 80bps to reach 5.4% for ORLY while AAP stemmed declines of nearly 2% during the first nine months to post a 0.1% gain for Q4. The strong exit rate from 2013 is an auspicious start to this year and might imply that the weather effect is real and could continue for several quarters. While the full demand implications are unclear, we believe the trends that supported ORLY and AAP’s acceleration have carried over to Buy-rated AZO.”

Shares of O’Reilly Automotive (NASDAQ:ORLY) traded up 1.69% on Friday, hitting $149.20. The stock had a trading volume of 1,124,402 shares. O’Reilly Automotive has a 1-year low of $97.77 and a 1-year high of $149.99. The stock has a 50-day moving average of $132. and a 200-day moving average of $126.. The company has a market cap of $16.013 billion and a P/E ratio of 25.45.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.32 by $0.08. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter in the prior year, the company posted $1.14 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. Analysts expect that O’Reilly Automotive will post $6.86 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of O’Reilly Automotive from $126.00 to $144.00 in a research note to investors on Friday. Separately, analysts at RBC Capital raised their price target on shares of O’Reilly Automotive from $145.00 to $163.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of O’Reilly Automotive in a research note to investors on Thursday. They now have a $141.00 price target on the stock. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $138.31.

O’Reilly Automotive, Inc (NASDAQ:ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers.

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