Research Alert: CFRA Maintains Hold Opinion On Shares Of Advance Auto Parts Inc.
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CFRA maintains a Hold opinion on Advance Auto Parts Inc., lowering the 12-month target by $5 to $65 despite raising adjusted EPS estimates for FY 26 and FY 27. Strong Q1 earnings reflect a robust demand environment, driven by high vehicle age and low used vehicle inventories, leading to improved sales and margins.
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