Advance Auto Parts Stock: A Deep Dive Into Analyst Perspectives (16 Ratings)
Portfolio Pulse from Benzinga Insights
Advance Auto Parts (NYSE:AAP) has received mixed analyst ratings over the past three months, with most analysts remaining indifferent. The average 12-month price target has decreased by 9.33% to $61.94. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite a slight decline in revenue, Advance Auto Parts shows strong financial metrics, including net margin, ROE, and ROA, surpassing industry standards.
August 26, 2024 | 2:00 pm
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Advance Auto Parts has received mostly indifferent analyst ratings, with a decrease in the average 12-month price target to $61.94. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite a slight decline in revenue, the company shows strong financial metrics, including net margin, ROE, and ROA, surpassing industry standards.
The article provides a detailed analysis of analyst ratings for Advance Auto Parts, showing a decrease in the average price target and mostly indifferent ratings. Despite this, the company's strong financial metrics suggest stability, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100