TD Cowen analyst Max Rakhlenko lowered the firm’s price target on Advance Auto Parts (AAP) to $46 from $62 and keeps a Hold rating on the shares. The firm adjusted targets in the hardlines group. Planet Fitness is TD’s top idea, followed by Home Depot and O’Reilly Automotive.
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Read More on AAP:
- Advance Auto Parts price target lowered to $45 from $55 at Morgan Stanley
- 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
