Goldman analyst Matthew Fassler sees increased likelihood of strategic or financial M&A in the Auto Parts Retail sector due to the selloff in the space, creating more attractive entry points. Fassler sees the highest probability of M&A activity for Advance Auto Parts, given margins are well below peers, and could benefit from a strategic deal with a higher margin operator that can implement best practices and financial synergies. Fassler incorporated a 15% weighting of an M&A value of $136 for Advance Auto Parts and increased his M&A value ranking to "2" from "3" on shares. The analyst rates Advance Auto Parts a Buy with a $136 price target.