Advance Auto Parts, Inc. (AAP) Tops Q2 EPS by 7c; Boosts FY14 EPS Outlook

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Advance Auto Parts (AAP) PT Bumped to $135 at Nomura Post Q2

August 15, 2014 7:49 AM EDT

Nomura Securities analyst Edgar Roesch reiterated a Neutral rating and boosted his price target on Advance Auto Parts (NYSE: AAP) to $135.00 (from $125.00) after the company reported Q2 EPS of $2.08 on a 2.6% comp increase. Both beat Street expectations, which stood at $2.01 and +1.6%, respectively.

"This is the third... More