UBS on U.S. Hardline Retail: Auto Parts May Be Running Out of Gas

June 27, 2012 12:12 PM EDT Send to a Friend
Get Alerts ORLY Hot Sheet
Price: $176.26 +0.78%

Rating Summary:
    11 Buy, 6 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 29 | Down: 43 | New: 4
Trade ORLY Now!
Join SI Premium – FREE
UBS on U.S. Hardline Retail: Auto Parts May Be Running Out of Gas

Analyst, Michael Lasser, has lowers price targets on O'Reilly's (Nasdaq: ORLY) and Advanced Auto (NYSE: AAP) to $101 and $80, respectively.

Lasser said ORLY's recent pre-announcement is just another sign that the environment has become more volatile and that the long streak of steadiness may be coming to a halt. As far as AAP, he feels comp store sales may be the most volatile going forward, considering the majority of the company's store are in the eastern portion of the U.S. Lasser thinks that the overall sector will be in the 'Penalty Box', at least in the near-term.

To see more ratings on ORLY, Click Here

To see more ratings on AAP, Click Here



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change, Retail Sales

Related Entities

UBS

Add Your Comment