Deutsche Bank downgraded its rating on shares of AutoZone Inc. (AZO) Monday morning to "Hold" from "Buy."
AutoZone gapped open lower this morning and is now down 9.50 at $411.45 in early trade. The stock has pulled back from the highs of the year and has set a 1-week low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.