Advance Auto Parts (AAP) Shares Continue Lower Despite Analyst Defense
Get Alerts AAP Hot Sheet
Price: $42.58 +0.45%
Rating Summary:
9 Buy, 30 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
9 Buy, 30 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Shares of Advance Auto Parts (NYSE: AAP) are moving lower once again Friday following a Q1 miss Thursday morning and the resulting 17 percent decline in the stock. The stock is now trading around $67.90, down about 0.4 percent Friday afternoon.
The continued downside comes even as Raymond James' Daniel Wewer reiterated a Strong Buy rating on the stock and said the selloff is overdone. He suggested buying the stock amid the weakness.
Track all the market-moving analyst action on shares of Advance Auto Parts with our Analyst Ratings page.
The continued downside comes even as Raymond James' Daniel Wewer reiterated a Strong Buy rating on the stock and said the selloff is overdone. He suggested buying the stock amid the weakness.
Track all the market-moving analyst action on shares of Advance Auto Parts with our Analyst Ratings page.
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