Goldman Sachs Maintains Neutral on Advance Auto Parts, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $155 to $82.
June 02, 2023 | 12:41 pm
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Goldman Sachs maintains a Neutral rating on Advance Auto Parts and lowers the price target from $155 to $82.
The lowered price target from $155 to $82 by Goldman Sachs analyst Kate McShane 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.
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IMPORTANCE 80
RELEVANCE 100