Evercore ISI Group Maintains In-Line on Advance Auto Parts, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an In-Line rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $145 to $80.
June 01, 2023 | 1:27 pm
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Evercore ISI Group analyst Greg Melich maintains an In-Line rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $145 to $80.
The lowered price target from $145 to $80 by Evercore ISI Group analyst Greg Melich indicates a bearish outlook on Advance Auto Parts' stock. 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