This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
Guggenheim Sticks to Its Hold Rating for Advance Auto Parts (AAP)
Guggenheim analyst reiterated a Hold rating on Advance Auto Parts yesterday. The company’s shares closed yesterday at $58.26.
Memorial Day Sale – Claim 70% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
In addition to Guggenheim, Advance Auto Parts also received a Hold from Roth MKM’s Scott Stember in a report issued on May 26. 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
Read More on AAP:
Disclaimer & DisclosureReport an Issue
- Advance Auto Parts price target raised to $58 from $54 at Mizuho
- Advance Auto Parts Shareholders Approve Directors and Governance Matters
- Advance Auto Parts price target raised to $62 from $55 at Truist
- Advance Auto Parts price target raised to $65 from $62 at RBC Capital
- Advance Auto Parts price target raised to $65 from $60 at Morgan Stanley
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
