Evercore ISI Remains a Hold on Advance Auto Parts (AAP)
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According to TipRanks, Melich is a 5-star analyst with an average return of 11.4% and a 65.98% success rate. Melich covers the Consumer Cyclical sector, focusing on stocks such as Costco, Home Depot, and Advance Auto Parts.
Currently, the analyst consensus on Advance Auto Parts is a Hold with an average price target of $47.27, a -2.05% downside from current levels. In a report released on June 18, Guggenheim also reiterated a Hold rating on the stock with a $0.00 price target.
The company has a one-year high of $65.19 and a one-year low of $28.89. Currently, Advance Auto Parts has an average volume of 2.95M.
Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Jason Hand, the SVP, U.S. Stores of AAP sold 948.00 shares for a total of $45,987.48.
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