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Why Advance Auto Parts Stock Accelerated Nearly 5% Higher Today
AAPAdvance Auto Parts(AAP) The Motley Fool·2025-06-03 22:40

An analyst upgrade was the foot on Advance Auto Parts (AAP 4.57%) stock's gas pedal on Tuesday. The company's shares motored nearly 5% higher in price as a result, speeding well past the benchmark S&P 500 index's 0.6% increase.A new neutralThe pundit behind the change was Sam Hudson of U.K.-based Redburn Atlantic. He shifted his recommendation to neutral from his previous sell and lifted his Advance price target. This is now 45pershare,wellupfromHudsonspreviousfairvalueestimationof45 per share, well up from Hudson's previous fair value estimation of 28. Accordi ...