BUZZ-AutoZone shares accelerate after buyback announcement
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AutoZone shares have risen 1.7% after announcing a $1.5 billion stock repurchase. The company's stock is on track to rise for the fourth consecutive session. AutoZone's quarterly revenue previously missed consensus, resulting in a decrease in analysts' median price target. Rivals O'Reilly Automotive and Advance Auto Parts have also seen increases in their stock prices.
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