Advance Auto Parts (AAP) Should Talk Down Guidance - UBS
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UPDATE: Goldman Sachs Sees 'Unique Opportunity' in Advance Auto Parts (AAP) and Raises Its Rating to 'Buy'
May 6, 2016 6:33 AM EDT(Updated - May 6, 2016 8:43 AM EDT)
Goldman Sachs upgraded Advance Auto Parts (NYSE: AAP) from Neutral to Buy with a price target of $181, implying upside of 22%. Analyst Matthew J. Fassler said results may be disappointing in the short term, but he sees significant opportunity for margin to improve over time.
Fassler explained, "AAP is one of the few companies in our coverage... More
