Advance Auto Parts shares are trading lower after Stephens & Co maintained an Equal-Weight rating on the stock but lowered its price target from $77 to $71.
Portfolio Pulse from Benzinga Newsdesk
Advance Auto Parts' shares are trading lower after Stephens & Co maintained an Equal-Weight rating on the stock but lowered its price target from $77 to $71.
August 25, 2023 | 2:29 pm
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Advance Auto Parts' stock price is expected to be negatively impacted in the short term due to the lowered price target by Stephens & Co.
Stephens & Co, a well-known financial institution, has lowered its price target for Advance Auto Parts from $77 to $71. This indicates a bearish outlook for the stock, which can lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100