Goldman Sachs Downgrades Advance Auto Parts Inc. (AAP) to Neutral
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Goldman Sachs downgrades Advance Auto Parts Inc. (NYSE: AAP) from Buy to Neutral, the firm said they still see good value in AAP but with a choppier path over the next 3-6 months. The basically expect the stock to "mark time."
Advance Auto Parts, Inc., through its subsidiaries, operates as a retailer of automotive parts, accessories, and maintenance items to do-it-yourself and do-it-for-me customers in the automotive aftermarket industry.
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