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Advance Auto Parts price target lowered to $46 from $62 at TD Cowen

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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