Redburn downgrades Advance Auto Parts to Sell
The explicit Sell downgrade and substantial target downside make this a clear negative analyst signal.
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The explicit Sell downgrade and substantial target downside make this a clear negative analyst signal.
What happened, with direct paths to the underlying reporting
Rothschild & Co Redburn downgraded AAP to Sell from Neutral and set a $32 target, about 32% below the posted price of $46.92.
Target: $32
Posted price: $46.92
Analyst firm: Redburn Partners
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