Truist Securities Maintains Hold on Advance Auto Parts, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Advance Auto Parts (NYSE:AAP) but lowered the price target from $70 to $63, as per analyst Scott Ciccarelli.
May 30, 2024 | 1:15 pm
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Truist Securities has maintained a Hold rating on Advance Auto Parts (NYSE:AAP) but lowered the price target from $70 to $63, indicating a cautious outlook.
The lowered price target from $70 to $63 suggests a less optimistic view on the stock's short-term performance, which could lead to a negative impact on the stock price.
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IMPORTANCE 80
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