TD Cowen raised the firm’s price target on Advance Auto Parts (AAP) to $53 from $40 and keeps a Hold rating on the shares. The firm said they are encouraged DIFM is gaining some momentum and margins are running better and think management is well equipped to hit the FY25 top and bottom-line guide.
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Read More on AAP:
- Advance Auto Parts price target raised to $50 from $40 at BMO Capital
- Advance Auto Parts price target raised to $39 from $33 at BofA
- Cautious Outlook on Advance Auto Parts: Hold Rating Amid Strategic Gains and Growth Challenges
- Advance Auto Parts: Sell Rating Amidst Financial Struggles and Market Challenges
- Cautious Hold on Advance Auto Parts Amid Execution Risks and Market Share Losses