Expert Outlook: Advance Auto Parts Through The Eyes Of 9 Analysts
Portfolio Pulse from Benzinga Insights
Nine analysts have recently evaluated Advance Auto Parts (NYSE:AAP), providing a range of neutral ratings and updated 12-month price targets. The average price target has increased to $71.22 from $61.00, with a high estimate of $83.00 and a low estimate of $60.00. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
May 24, 2024 | 3:01 pm
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Advance Auto Parts has received neutral ratings from nine analysts, with an average 12-month price target of $71.22, up from $61.00. The high estimate is $83.00, and the low estimate is $60.00. Analysts have adjusted their ratings and price targets in response to market conditions and company performance.
The increase in the average price target from $61.00 to $71.22 suggests a positive outlook from analysts despite the neutral ratings. This could lead to a short-term positive impact on the stock price as investors may view the higher price targets as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100