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Morgan Stanley: 'We've Been Wrong' On DIY Auto, Downgrades O'Reilly, AutoZone
Thursday, July 6, 2017 - 12:24pm | 582Morgan Stanley made quite the confession by admitting it was wrong on DIY auto retail in 2017. Consequently, the firm downgraded two stocks in its coverage universe: O'Reilly Automotive Inc (NASDAQ: ORLY) and AutoZone, Inc. (NYSE: AZO). Weak Industry Revenue Trends Analyst Simeon Gutman...