Advance Auto Parts (AAP) Tops Q2 EPS by 47c, Offers FY Guidance

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Advance Auto Parts (AAP) PT Raised to $240 at Jefferies

August 25, 2021 7:38 AM EDT

Jefferies analyst Bret Jordan raised the price target on Advance Auto Parts (NYSE: AAP) to $240.00 (from $235.00) while maintaining a Buy rating following results.

The analyst commented, "AAP reported Q2 adj. EPS of $3.40, ahead of our est. and consensus of $2.64 and $3.04, respectively.... More