Advance Auto Parts Faces Profitability Pressure Despite Turnaround Efforts, Says JP Morgan Analyst - Advance Auto Parts ( NYSE:AAP )

4 weeks ago

JP Morgan analyst Christopher Horvers reiterated the Neutral rating on Advance Auto Parts Inc. AAP, lowering the price forecast to $43 from $55. Yesterday, the company faced a scorching sell-off, as a disappointing second-quarter earnings miss, a slashed FY24 outlook, and the announcement of its ...

Ticker	Sentiment	Impact
AAP	Neutral	35 %