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Fly News Breaks for May 6, 2016
AAP
May 6, 2016 | 05:44 EDT
Goldman Sachs analyst Matthew Fassler upgraded Advance Auto Parts to Buy saying that while near-term results are likely to disappoint, the company has an opportunity to meaningfully improve margins in 2017 and beyond. The analyst also expects improved cost efficiency and enhanced cash flow generation. He keeps a $181 price target for the shares.
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