Raymond James Upgrades Advance Auto Parts (AAP) to Strong Buy
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
UBS Reiterates Buy on Advance Auto Parts (AAP) Following 3Q
November 15, 2016 9:24 AM ESTUBS reiterated a Buy rating on Advance Auto Parts (NYSE: AAP), and raised the price target to $180.00 (from $175.00), following the company's 3Q earnings report and analyst meeting.
Analyst Michael Lasser commented, "The central takeaway from AAP's 3Q results & analyst meeting is that while it has... More
Advance Auto Parts (AAP) PT Lifted to $160 at Jefferies
November 15, 2016 7:48 AM ESTJefferies analyst Bret Jordan raised his price target on Hold-rated Advance Auto Parts (NYSE: AAP) to $160.00 (from $150.00) following solid results.
Jordan commented, "AAP reported a Q3 beat, with comp and adj. EPS of -1.0% and $1.73 vs. our est. (-4.0% and $1.68) and consensus (-3.5% and... More
Wedbush Remains Bullish on Advance Auto Parts (AAP) Following Solid 3Q
November 15, 2016 7:20 AM ESTWedbush maintained an Outperform rating and $175.00 price target on Advance Auto Parts (NYSE: AAP) following the company's 3Q earnings report. EPS was reported at $1.73, ahead of the consensus estimate of $1.71. Operating margins of 9.7% were in line with consensus.
Analyst Seth Basham commented, "AAP... More
Advance Auto Parts (AAP) Tops Q3 EPS by 2c; Comps Outpace Views
November 14, 2016 4:15 PM ESTAdvance Auto Parts (NYSE: AAP) reported Q3 EPS of $1.73, $0.02 better than the analyst estimate of $1.71. Revenue for the quarter came in at $2.25 billion versus the consensus estimate of $2.2 billion.
Comps fell 1 percent versus an estimated 3.5 percent drop.
For earnings history and earnings-related data on Advance Auto Parts (AAP) click here.
... More