Mizuho Maintains Neutral on Advance Auto Parts, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger maintains a Neutral rating on Advance Auto Parts (NYSE:AAP) and lowers the price target from $45 to $38.
September 12, 2024 | 11:21 am
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NEGATIVE IMPACT
Mizuho analyst David Bellinger maintains a Neutral rating on Advance Auto Parts and lowers the price target from $45 to $38, indicating a cautious outlook.
The lowering of the price target from $45 to $38 by Mizuho suggests a negative sentiment towards Advance Auto Parts' short-term performance. Maintaining a Neutral rating indicates no strong buy or sell recommendation, but the reduced target price reflects potential challenges or lower expectations for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100