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Advance Auto Parts (AAP) Gets a Hold from Mizuho Securities

Tipranks - Tue May 26, 7:40AM CDT

In a report released today, from Mizuho Securities maintained a Hold rating on Advance Auto Parts, with a price target of $58.00.

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In addition to Mizuho Securities, Advance Auto Parts also received a Hold from Citi’s Steven Zaccone in a report issued on May 22. However, on May 21, Bank of America Securities reiterated a Sell rating on Advance Auto Parts (NYSE: AAP).

Based on Advance Auto Parts’ latest earnings release for the quarter ending April 25, the company reported a quarterly revenue of $2.61 billion and a net profit of $24 million. In comparison, last year the company earned a revenue of $2.58 billion and had a net profit of $24 million

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