Morgan Stanley raised the firm’s price target on Advance Auto Parts (AAP) to $60 from $55 and keeps an Equal Weight rating on the shares. The firm is revising its FY25, FY26 and FY27 estimates to account for updated assumptions on margins and interest income, the analyst tells investors.
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- Advance Auto Parts management to meet with Mizuho
- Advance Auto Parts Earnings Call Highlights Profitability and Challenges
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- Advance Auto Parts price target raised to $54 from $44 at Mizuho
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