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Advance Auto Parts price target raised to $54 from $44 at Mizuho

Mizuho raised the firm’s price target on Advance Auto Parts (AAP) to $54 from $44 and keeps a Neutral rating on the shares. The firm adjusted retail models post the Q2 reports. Consumer spending remained on a solid pace in Q2 and has continued throughout the month of August, the analyst tells investors in a research note.

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