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Benzinga

Business

Priya Nigam

Advance Auto Parts Turnaround Plan Is 'Progressing' Despite Weak Guidance: Analyst

Advance Auto Parts Michael Baker DA Davidson

Burnsville,,Mn - usa,-,March,4,,2017:,Advance,Auto,Parts,Store

Shares of Advance Auto Parts Inc (NYSE:AAP) were rising in early trading on Friday, despite the company’s announcement of weak guidance.

Here are some key analyst takeaways.
DA Davidson analyst Michael Baker reaffirmed a Neutral rating, while reducing the price target from $65 to $63.
Roth Capital Partners analyst Jack Weisenberger reiterated a Neutral rating and price target of $50.

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One subscription that gives you access to news from hundreds of sites

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