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BAML confident on O'Reilly Automotive

Aug. 07, 2019 1:50 PM ETO'Reilly Automotive, Inc. (ORLY) StockORLYBy: Clark Schultz, SA News Editor1 Comment
  • Bank of America Merrill Lynch says the O'Reilly Automotive (ORLY +0.4%) Analyst Day event showed that management is enthusiastic and confident in the company's competitive advantages.
  • The ORLY presentation was strong enough for BAML to keep a Buy rating in place on the retailer.
  • "We expect ORLY to continue to grow through new stores and acquisitions, leveraging its best-in-class distribution network," reads the firm's post-event update.
  • Previously: O'Reilly Automotive gains after analyst day event (Aug. 6)

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