UBS Maintains Neutral on Advance Auto Parts, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser has maintained a Neutral rating on Advance Auto Parts (NYSE:AAP) and reduced the price target from $75 to $62.
November 16, 2023 | 6:15 pm
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NEGATIVE IMPACT
UBS analyst Michael Lasser maintained a Neutral rating on Advance Auto Parts and lowered the price target from $75 to $62.
The reduction in price target by UBS suggests a bearish outlook on the stock's value, which could lead to a negative short-term impact on Advance Auto Parts' stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100