Fly News Breaks for August 14, 2019
Aug 14, 2019 | 07:50 EDT
Credit Suisse analyst Seth Sigman lowered his price target for Advance Auto Parts to $162 from $195 after a "disappointing" Q2. While some new challenges are emerging for the space, the analyst still sees a compelling long-term opportunity at Advanced Auto Parts, and believes that this could set up as one of his better stories from here. He reiterates an Outperform rating on the shares.
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