Advance Auto Parts (AAP) May weekly 70 straddle priced into quarter results

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DA Davidson Reiterates Neutral Rating on Advance Auto Parts (AAP)

May 30, 2024 5:19 AM EDT

DA Davidson analyst Michael Baker reiterated a Neutral rating and $69.00 price target on Advance Auto Parts (NYSE: AAP).

The analyst comments "AAP is giving back much of its year to date gains today for what we think are three reasons. (1) like their competitors, 1Q trends... More

Advance Auto Parts (AAP) PT Raised to $70 at CFRA

May 29, 2024 10:18 AM EDT

CFRA analyst Garrett Nelson raised the price target on Advance Auto Parts (NYSE: AAP) to $70.00 (from $60.00) while maintaining a Hold rating.

The analyst comments "We increase our 12-month target by $10 to $70, based on a '25 P/E of 15.7x, a justified... More