UBS Maintains Neutral on Advance Auto Parts, Lowers Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Lasser maintains a Neutral rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $132 to $75.
June 01, 2023 | 1:56 pm
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NEUTRAL IMPACT
UBS analyst Michael Lasser maintains a Neutral rating on Advance Auto Parts and lowers the price target from $132 to $75.
The news directly mentions Advance Auto Parts (AAP) and the lowered price target by UBS analyst Michael Lasser. The Neutral rating suggests that the stock is not expected to outperform or underperform the market in the short term. The lowered price target may have a neutral impact on the stock price as it reflects the analyst's updated expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100