Credit Suisse analyst Seth Sigman raised his price target for Advance Auto Parts to $195 from $187 and views the company's stronger Q3 as a positive check point for the story, helping instill confidence that the turnaround is progressing and that there is potential upside to both sales and margins, in the short- and long-term. The analyst was encouraged by strong 4.6% comps that accelerated from 1H, acceleration in DIY and Pro, narrower gap versus industry peers, and stronger gross margin, driven by mix and material cost reductions, helping mitigate the supply chain headwinds. He reiterates an Outperform rating on the shares.