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Fly News Breaks for November 14, 2018
AAP
Nov 14, 2018 | 06:58 EDT
Deutsche Bank analyst Mike Baker raised his price target for Advance Auto Parts to $205 saying the company's results yesterday were "solid" and beat heightened expectations. Improving margin trends the past three quarters is "finally giving credence to the longer-term story" that Advance Auto has a "long runway of margin expansion," Baker tells investors in a post-earnings research note. He keeps a Buy rating on the shares.