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Fly News Breaks for June 22, 2018
Jun 22, 2018 | 07:14 EDT
UBS analyst Michael Lasser raised his price target on Advance Auto Parts to $160 from $130. The analyst believes optimizing its distribution network is a significant portion of the $750M in gross savings it expects to achieve over the next three years. He believes it will pave the way to unlock more substantial savings in 2019 and beyond. Lasser reiterated his Buy rating on Advance Auto Parts shares.
News For AAP From the Last 2 Days
Nov 13, 2018 | 16:18 EDT
Stocks opened slightly higher amid reports the U. S... To see the rest of the story go to See Story Here
Nov 13, 2018 | 12:08 EDT
Stocks have endured a volatile session as the averages have moved back and forth across the flat line a couple of times. The Dow has... To see the rest of the story go to See Story Here
Nov 13, 2018 | 09:55 EDT
Notable gainers among liquid option names this morning include Advance Auto Parts (AAP) $181.43 +14.41, Southwestern Energy (SWN) $6.17 +0.37, EQT Corporation (EQT) $19.87 +1.05, Cabot Oil & Gas (COG) $26.46 +1.06, and NVIDIA (NVDA) $196.19 +6.75.
Nov 13, 2018 | 09:02 EDT
UP AFTER EARNINGS: Advanced Auto Parts (AAP), up 6%... Home Depot (HD), up 1%... YY (YY), up 2%... Huya (HUYA), up 7%. ALSO HIGHER: Viking Therapeutics (VKTX), up 15% after VK2809 study achieves primary, secondary endpoints... Chesapeake (CHK), up 2% after Citi analyst Robert Morris upgraded the stock to Neutral and raised his price target for the shares to $4.50 from $3.50. DOWN AFTER EARNINGS: Tyson Foods (TSN), down 4%. ALSO LOWER: PG&E (PCG), down 2% after California regulators said to launch an investigation into the company after reporting that its electrical infrastructure suffered malfunctions near ground zero of two deadly fires... Parateum (TEUM), down 5% after acquiring iPass (IPAS) in all-stock transaction.
Nov 13, 2018 | 06:30 EDT
Reports Q3 revenue $2.3B, consensus $2.23B. Reports SSS up 4.6%.