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Fly News Breaks for February 23, 2018
AAP
Feb 23, 2018 | 08:10 EDT
Credit Suisse analyst Seth Sigman raised his price target for Advance Auto Parts to $122 from $100 after the company reported better than expected Q4 results and the opportunity for improving margin trends in 2018. The analyst, who has an Outperform rating on the shares, said he came away from Q4 "constructive" on the opportunity for Advance Auto, as sales trends seem to be improving and its strategic product initiatives, and sees opportunities for upside to comps.
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