Truist analyst Scot Ciccarelli lowered the firm’s price target on Advance Auto Parts (AAP) to $48 from $59 and keeps a Hold rating on the shares as part of a broader research note previewing 2026 for Hardlines/Broadlines Consumer names. With some slower consumer trends in the second half of FY25 consumers will remain choiceful in their shopping patterns, with a continued focus on “Value”, the analyst tells investors in a research note. For the company, margins will continue to be pressured in the near term due to non-cash LIFO charges and higher SG&A costs associated with accelerating unit growth, the firm added.
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