Roth MKM Remains a Hold on Advance Auto Parts (AAP)
Roth MKM analyst Scott Stember maintained a Hold rating on Advance Auto Parts today and set a price target of $57.00.
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According to TipRanks, Stember is a 4-star analyst with an average return of 13.1% and a 62.84% success rate. Stember covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, AutoZone, and Brunswick.
In addition to Roth MKM, Advance Auto Parts also received a Hold from D.A. Davidson’s Michael Baker in a report issued on February 17. However, on February 15, TipRanks – Anthropic reiterated a Sell rating on Advance Auto Parts (NYSE: AAP).
Based on Advance Auto Parts’ latest earnings release for the quarter ending January 3, the company reported a quarterly revenue of $1.97 billion and a net profit of $6 million. In comparison, last year the company earned a revenue of $2 billion and had a GAAP net loss of $414.78 million
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- Advance Auto Parts price target raised to $57 from $48 at Truist
- Advance Auto Parts price target raised to $63 from $57 at RBC Capital
- Advance Auto Parts price target raised to $58 from $47 at DA Davidson
- Advance Auto Parts price target raised to $61 from $46 at TD Cowen
- Advance Auto Parts price target raised to $60 from $45 at Morgan Stanley
