Wedbush Maintains Neutral on Advance Auto Parts, Lowers Price Target to $80
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 $115 to $80.
June 01, 2023 | 12:33 pm
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NEGATIVE IMPACT
Wedbush analyst Seth Basham maintains a Neutral rating on Advance Auto Parts and lowers the price target from $115 to $80.
The lowered price target by Wedbush analyst Seth Basham indicates a bearish outlook on Advance Auto Parts. This news may negatively impact the stock price in the short term as it suggests a lower valuation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100