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Fly News Breaks for August 2, 2016
AAP
Aug 2, 2016 | 07:20 EDT
Deutsche Bank analyst Mike Baker raised his price target for Advance Auto Parts to $180 saying the company should benefit from favorable industry dynamics. Near term expectations are low as new management will get time to develop a turnaround strategy, Baker tells investors in a research note that discussed the bull and bear arguments on the shares. He keeps a Buy rating on Advance Auto.
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