Morgan Stanley analyst Simeon Gutman lowered the firm’s price target on Advance Auto Parts (AAP) to $45 from $55 and keeps an Equal Weight rating on the shares as part of the firm’s hardline, broadline and food retail 2026 outlook.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAP:
- Advance Auto Parts Adds Veteran Retail Leader to Board
- Advance Auto Parts price target lowered to $48 from $59 at Truist
- Advance Auto Parts price target lowered to $56 from $58 at Evercore ISI
- Advance Auto Parts Faces Sales Decline Amid Economic Pressures and Uncertain Strategic Initiatives
- Advance Auto Parts price target lowered to $58 from $60 at Evercore ISI