TD Cowen Initiates Coverage On Advance Auto Parts with Market Perform Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko has initiated coverage on Advance Auto Parts (NYSE:AAP) with a Market Perform rating and a price target of $55.
October 10, 2023 | 9:11 am
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Advance Auto Parts has been given a Market Perform rating by TD Cowen with a price target of $55.
The Market Perform rating suggests that the analyst expects the stock to perform similarly to the overall market. The price target of $55 indicates the analyst's expectation of the stock's future price. This could influence investor sentiment and potentially impact the stock's price in the short term.
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