Wedbush Maintains Neutral on Advance Auto Parts, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $145 to $115.
May 26, 2023 | 1:21 pm
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NEUTRAL IMPACT
Wedbush analyst Seth Basham maintains a Neutral rating on Advance Auto Parts and lowers the price target from $145 to $115.
The news directly mentions Advance Auto Parts (NYSE:AAP) and the lowered price target by Wedbush analyst Seth Basham. The Neutral rating suggests that the stock is not expected to outperform or underperform the market in the short term. However, the lowered price target may cause some investors to reevaluate their positions, but the overall impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100