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Fly News Breaks for May 8, 2018
AAP
May 8, 2018 | 08:44 EDT
As previously reported, Atlantic Equities upgraded Advanced Auto Parts to Overweight from Neutral with a $140 price target. Analyst Sam Hudson expects an inflection in comps and margins when the company reports towards the end of May. Hudson notes industry fundamentals are improving and Advance Auto should benefit from favorable weather in the Northeast.
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