Advance Auto Parts (AAP) misses earnings, tops revenue expectations
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Advance Auto Parts (AAP) PT Raised to $68 at RBC Capital, 'Big Ships Turn Slowly'
February 29, 2024 5:47 AM ESTRBC Capital analyst Steven Shemesh raised the price target on Advance Auto Parts (NYSE: AAP) to $68.00 (from $47.00) while maintaining a Sector Perform rating.
The analyst comments "New management seems to have a good handle on the necessary steps to regain share and improve... More
Midday movers: Tesla, Beyond Meat rise; Urban Outfitters, Bumble fall
February 28, 2024 8:11 AM EST(Updated - February 28, 2024 11:08 AM EST)
Investing.com -- Main U.S. indexes retreated Wednesday amid caution ahead of the release of key inflation data on Thursday.
Here are some of the biggest U.S. stock movers today:
Tesla (NASDAQ: TSLA) stock rose 2% after Chief Executive Elon Musk said the electric vehicle manufacturer had completed production design on a long-planned update to its Roadster electric sportscar, adding that it was likely to ship starting next year.
TJX (NYSE:... More
Advance Auto Parts (AAP) Misses Q4 EPS by 80c. Tops on Revenue; Offers Guidance
February 28, 2024 6:36 AM ESTAdvance Auto Parts (NYSE: AAP) reported Q4 EPS of ($0.59), $0.80 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.46 billion.
"In 2024, we are refining our operational improvement plans and building on the... More
Advance Auto Parts (AAP) Enters Amendment to Credit Agreement
February 28, 2024 6:35 AM ESTOn February 26, 2024, Advance Auto Parts (NYSE: AAP) entered into Amendment No. 4 to the Credit Agreement dated November 9, 2021, with Advance Auto Parts, Inc., as Borrower, Advance Stores Company, Incorporated, as a Guarantor, the lenders party thereto, and Bank of America, N.A., as administrative agent (the... More
