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O'Reilly Automotive (NASDAQ:ORLY) was upgraded by equities researchers at Raymond James from a “market perform” rating to a “strong-buy” rating in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm currently has a $180.00 price objective on the stock. Raymond James’ price target indicates a potential upside of 21.52% from the stock’s previous close.

ORLY has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of O'Reilly Automotive in a research note on Monday. They now have a $154.00 price target on the stock. Separately, analysts at Ned Davis Research downgraded shares of O'Reilly Automotive from a “buy” rating to a “neutral” rating in a research note on Monday, March 10th. Finally, analysts at Ned Davis Research upgraded shares of O'Reilly Automotive from a “neutral” rating to a “buy” rating in a research note on Tuesday, February 18th. Seven equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $142.21.

Shares of O'Reilly Automotive (NASDAQ:ORLY) traded down 1.03% during mid-day trading on Thursday, hitting $146.60. 830,440 shares of the company’s stock traded hands. O'Reilly Automotive has a 52 week low of $103.99 and a 52 week high of $155.94. The stock’s 50-day moving average is $147.0 and its 200-day moving average is $136.1. The company has a market cap of $15.593 billion and a price-to-earnings ratio of 24.56.

O'Reilly Automotive (NASDAQ:ORLY) last released its earnings data on Wednesday, April 23rd. The company reported $1.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.58 by $0.03. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter in the prior year, the company posted $1.36 earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis. Analysts expect that O'Reilly Automotive will post $7.03 EPS for the current fiscal year.

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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