Stephens & Co. Maintains Equal-Weight on Advance Auto Parts, Lowers Price Target to $80
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Daniel Imbro maintains an Equal-Weight rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $148 to $80.
June 01, 2023 | 12:08 pm
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Advance Auto Parts' price target has been lowered from $148 to $80 by Stephens & Co. analyst Daniel Imbro, who maintains an Equal-Weight rating on the stock.
The lowered price target from $148 to $80 by Stephens & Co. analyst Daniel Imbro indicates a bearish outlook on Advance Auto Parts. This news is likely to have a negative impact on the stock price in the short term as it suggests a significant decrease in the stock's perceived value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100