Advance Auto Parts (AAP) Misses Q4 EPS by 9c, Comps Increase 3.1%

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Advance Auto Parts (AAP) PT Raised to $185 at Wedbush Following 4Q Report

February 22, 2017 7:32 AM EST

Wedbush raised its price target on Advance Auto Parts (NYSE: AAP) to $185.00 (from $175.00) while maintaining a Outperform rating. AAP reported 4Q comps of 3.1%, well above consensus -0.2%. The company benefitted from both a New Years holiday shift from 4Q into 1Q17 and a surge... More