Advance Auto Parts (AAP) Misses Q1 EPS by 4c; offers guidance
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May 30, 2024 7:09 AM EDT
Evercore ISI analyst Chris McNally lowered the price target on Advance Auto Parts (NYSE: AAP) to $72.00 (from $80.00) while maintaining a In Line rating.
The analyst comments "Advance is rebuilding by focusing on the whats right for the customer (aka follow the North Star) and... More
May 30, 2024 6:13 AM EDT
RBC Capital analyst Steven Shemesh lowered the price target on Advance Auto Parts (NYSE: AAP) to $65.00 (from $68.00) while maintaining a Sector Perform rating.
The analyst comments "While we appreciate managements strategic vision, we think that progress will be choppy and take... More
May 30, 2024 5:37 AM EDT
Citi analyst Steven Zaccone reiterated a Neutral rating and $70.00 price target on Advance Auto Parts (NYSE: AAP).
The analyst comments "AAP is an event-driven stock, first and foremost, based on the expected sale of the Worldpac asset sometime in 2Q. That sale... More
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
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
