In-Depth Examination Of 10 Analyst Recommendations For Advance Auto Parts
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Advance Auto Parts (NYSE:AAP), with a mix of bullish and bearish perspectives. All 10 analysts rated the stock as 'Indifferent' over the past three months. The average 12-month price target has decreased by 16.58% to $50.3. Analysts have lowered their price targets, reflecting a cautious outlook on the company's performance.
October 15, 2024 | 1:01 pm
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NEGATIVE IMPACT
Advance Auto Parts has received 'Indifferent' ratings from 10 analysts, with a significant decrease in the average 12-month price target by 16.58% to $50.3. Analysts have lowered their price targets, indicating a cautious outlook on the company's performance.
The unanimous 'Indifferent' ratings from analysts and the significant drop in the average price target suggest a negative sentiment towards Advance Auto Parts. The lowered price targets reflect concerns about the company's future performance, likely leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100