Form 10-K/A ADVANCE AUTO PARTS INC For: Dec 30

Go back to Form 10-K/A ADVANCE AUTO PARTS INC For: Dec 30

Advance Auto Parts (AAP) PT Lowered to $72 at Evercore ISI, 'we favor Fab Five retailer ORLY'

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

Advance Auto Parts (AAP) Identified Additional Material Weakness

May 30, 2024 6:14 AM EDT

Advance Auto Parts (NYSE: AAP) is filing this Amendment No. 1 on Form 10-K/A (this Amendment) to its Annual Report on Form 10-K for the fiscal year ended December 30, 2023, originally filed with the Securities and Exchange Commission (SEC) on March 12, 2024 (the Original Filing) to amend Item 8 of Part II, Financial Statements and Supplementary Data and Item 9A of Part II, Controls and Procedures, related to (1) our description of the conclusions regarding the effectiveness of the Companys disclosure controls and procedures and internal control over financial reporting and (2) Deloitte & Touche LLPs (Deloitte) report on the Companys internal control over... More

Advance Auto Parts (AAP) PT Lowered to $65 at RBC Capital

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