Advance Auto Parts (AAP) PT Raised to $70 at CFRA

Advance Auto Parts (AAP) PT Lowered to $72 at Evercore ISI, 'we favor Fab Five retailer ORLY'

Evercore ISI analyst Chris McNally lowered the price target on Advance Auto Parts (NYSE: AAP) to $72.00 (from $80.00) while maintaining a In Line rating.

The analyst comments "Advance is rebuilding by focusing on the whats right for the customer (aka follow the North Star) and... More

Advance Auto Parts (AAP) PT Lowered to $65 at RBC Capital

RBC Capital analyst Steven Shemesh lowered the price target on Advance Auto Parts (NYSE: AAP) to $65.00 (from $68.00) while maintaining a Sector Perform rating.

The analyst comments "While we appreciate managements strategic vision, we think that progress will be choppy and take... More

Citi Reiterates Neutral Rating on Advance Auto Parts (AAP)

Citi analyst Steven Zaccone reiterated a Neutral rating and $70.00 price target on Advance Auto Parts (NYSE: AAP).

The analyst comments "AAP is an event-driven stock, first and foremost, based on the expected sale of the Worldpac asset sometime in 2Q. That sale... More

DA Davidson Reiterates Neutral Rating on Advance Auto Parts (AAP)

DA Davidson analyst Michael Baker reiterated a Neutral rating and $69.00 price target on Advance Auto Parts (NYSE: AAP).

The analyst comments "AAP is giving back much of its year to date gains today for what we think are three reasons. (1) like their competitors, 1Q trends... More

Advance Auto Parts (AAP) Announces Resignation of Chief Merchant Ken Bush

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, today announced that Ken Bush, senior vice president, chief merchant, will retire from the company after nearly 20 years and be succeeded by Bruce Starnes, who has been named executive vice president, chief merchant, effective June 24, 2024.

Mr. Starnes, 48, who will lead all... More

Advance Auto Parts (AAP) Misses Q1 EPS by 4c; offers guidance

Advance Auto Parts (NYSE: AAP) reported Q1 EPS of $0.67, $0.04 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $3.41 billion versus the consensus estimate of $3.43 billion.

GUIDANCE:

Advance Auto Parts sees FY 2024 EPS of $3.75-$4.25, versus the... More

Advance Auto Parts (AAP) call put ratio 1.3 calls to 1 put as share price up 2% into quarter results

Advance Auto Parts (NYSE: AAP) May weekly call option implied volatility is at 167, June is at 73; compared to its 52-week range of 31 to 93 into the expected release of quarter results before the bell on May 29.

Advance Auto Parts (AAP) May weekly 70 straddle priced into quarter results

Advance Auto Parts (NYSE: AAP) May weekly 70 straddle priced for a move of 13% into the expected release of quarter results before the bell on May 29.