Advance Auto Parts Announces Increased Quarterly Cash Dividend

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Raymond James Reiterates Market Perform Rating on Advance Auto Parts (AAP) Following 4Q

February 19, 2020 7:29 AM EST

Raymond James analyst Matthew McClintock reiterated a Market Perform rating on Advance Auto Parts (NYSE: AAP). AAP's 4Q19 operating margin results reflect a positive step in Advance's cost structure, which McClintock believes has a "long runway for improvement".

4Q19 adjusted EPS grew 41% to $1.64 (vs.... More