Barclays lackluster outlook for O’Reilly Automotive weighs on auto parts sector (ORLY)
Led by O’Reilly Automotive (NASDAQ:ORLY), stocks in the auto parts category closed in the red on Monday, after Barclays warned that growth in the do-it-yourself category will remain sluggish due to continued demand headwinds. Barclays analyst Seth Sigman reiterated his Equal-Weight rating for O’Reilly Automotive (ORLY) and his $986 priceContinue Reading