Evercore ISI Group Maintains In-Line on Advance Auto Parts, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Advance Auto Parts (NYSE:AAP) while lowering the price target from $64 to $60.
August 23, 2024 | 1:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Evercore ISI Group has maintained an 'In-Line' rating for Advance Auto Parts but has lowered the price target from $64 to $60, indicating a slightly less optimistic outlook.
The lowering of the price target from $64 to $60 by Evercore ISI Group suggests a slightly less optimistic view on Advance Auto Parts' future performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100