Advance Auto Parts (AAP) Receives a Hold from Barclays
In a report released today, Seth Sigman from Barclays maintained a Hold rating on Advance Auto Parts, with a price target of $59.00.
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Sigman covers the Consumer Cyclical sector, focusing on stocks such as AutoZone, Wayfair, and Lowe’s. According to TipRanks, Sigman has an average return of -5.7% and a 54.31% success rate on recommended stocks.
In addition to Barclays, Advance Auto Parts also received a Hold from Roth MKM’s Scott Stember in a report issued on February 19. 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 $55 at Roth Capital
- 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
