Barclays raised the firm’s price target on Advance Auto Parts to $66 from $56 and keeps an Equal Weight rating on the shares post the Q4 report. The analyst likes the company’s new direction, but awaits clearer progress on execution and flow-through versus reinvestment.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on AAP: