Activist hedge fund Third Point has a stake in Advance Auto Parts and is close to a settlement with the company that will add three new directors to its board, people familiar with the matter told The Wall Street Journal’s Company to Lauren Thomas.
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Read More on AAP:
- Advance Auto Parts price target raised to $70 from $60 at Citi
- Advance Auto Parts price target raised to $60 from $53 at Truist
- Advance Auto Parts price target raised to $68 from $47 at RBC Capital
- Advance Auto Parts price target raised to $70 from $60 at Wedbush
- Advance Auto Parts price target raised to $66 from $56 at Barclays
