Advance Auto Parts (AAP) Tops Q3 EPS by 2c; Comps Outpace Views

UBS Reiterates Buy on Advance Auto Parts (AAP) Following 3Q

UBS 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

Susquehanna Upgrades Advance Auto Parts (AAP) to Positive

Susquehanna upgraded Advance Auto Parts (NYSE: AAP) from Neutral to Positive with a price target of $190.

For an analyst ratings summary and ratings history on Advance Auto Parts click here. For more ratings news on Advance Auto Parts click here.

Shares of Advance Auto Parts closed at $142.90 yesterday.

Advance Auto Parts (AAP) PT Lifted to $160 at Jefferies

Jefferies 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

Wedbush 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

Raymond James Upgrades Advance Auto Parts (AAP) to Strong Buy

Raymond James upgraded Advance Auto Parts (NYSE: AAP) from Market Perform to Strong Buy with a price target of $180.00.

For an analyst ratings summary and ratings history on Advance Auto Parts... More

Advance Auto Parts (AAP) puts active into Q3

Advance Auto Parts (NYSE: AAP) November call option implied volatility is at 94, December is at 38; compared to its 52-week range of 22 to 59 into Q3. November 130 and 135 puts are active on total put volume of 8,500 contracts (3,400 calls).