Advance Auto Parts Announces Merchandising Leadership Changes; Names Bruce Starnes Executive Vice President, Chief Merchant
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Advance Auto Parts (AAP) PT Lowered to $72 at Evercore ISI, 'we favor Fab Five retailer ORLY'
May 30, 2024 7:09 AM EDTEvercore 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) PT Lowered to $65 at RBC Capital
May 30, 2024 6:13 AM EDTRBC 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
Citi Reiterates Neutral Rating on Advance Auto Parts (AAP)
May 30, 2024 5:37 AM EDTCiti 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
DA Davidson Reiterates Neutral Rating on Advance Auto Parts (AAP)
May 30, 2024 5:19 AM EDTDA 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 EDTCFRA 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
