RBC Capital Maintains Outperform on CarParts.com, Lowers Price Target to $7
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Steven Shemesh has maintained an 'Outperform' rating on CarParts.com but lowered the price target from $9 to $7.
August 04, 2023 | 11:37 am
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RBC Capital has maintained an 'Outperform' rating on CarParts.com but lowered the price target from $9 to $7.
The news is directly about CarParts.com (PRTS). While the 'Outperform' rating is maintained, the lowering of the price target could indicate a potential downside. However, the impact on the stock price is uncertain in the short term as it depends on how investors interpret this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100