Goldman Sachs Maintains Neutral on Advance Auto Parts, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has maintained a Neutral rating on Advance Auto Parts (AAP) and reduced the price target from $83 to $73.
November 16, 2023 | 1:45 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Advance Auto Parts and lowers the price target from $83 to $73.
The reduction in price target by a prominent analyst like Goldman Sachs suggests a bearish outlook on the stock's value, which could lead to a negative short-term impact on AAP's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100