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Fly News Breaks for August 13, 2015
AAP
Aug 13, 2015 | 15:29 EDT
BofA/Merrill raised Buy rated Advanced Auto Parts' price target to $215 following the Q2 report. The firm said the company has turned the corner as GPII integration headwinds are beginning to ease and business is improving. BofA/Merrill said Advance Auto Parts move towards a unified, centric model will make the company more efficient and nimble, and they expect a return of share buybacks in 2016.
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