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Advance Auto Parts Inc (AAP) [hlAlert]

Rating:
Hold AAP

Advance Auto Parts Inc (AAP) downgraded to Hold with price target $82 by Deutsche Bank

Posted on: Friday,  Feb 8, 2013  3:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Advance Auto Parts Inc (NYSE: AAP) on 02/08/2013. Previously Deutsche Bank rated Buy Advance
Auto Parts Inc (NYSE: AAP) on 01/03/2012., when the stock price was $69.82. Since then, Advance Auto Parts Inc has gained 13.08% of its value until Deutsche Bank rated AAP Buy on 02/08/2013, when the price was $78.95. .

Advance Auto Parts, Inc. (Advance) operates within the United States automotive aftermarket industry, which includes replacement parts (excluding tires), accessories, maintenance items, batteries and automotive chemicals for cars and light trucks (pickup trucks, vans, minivans and sport utility vehicles). The Company is a specialty retailer of automotive parts, accessories and maintenance items to do-it-yourself (DIY) and do-it-for-me (DIFM) or commercial customers in the United States. Advance operates in two business segments: Advance Auto Parts (AAP) and Autopart International (AI). The AAP segment consists of its store operations within the United States, Puerto Rico and the Virgin Islands, which operates under the trade names Advance Auto Parts, Advance Discount Auto Parts and Western Auto. The AI segment consists solely of the operations of Autopart International, which operates as an independent, wholly owned subsidiary.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 1:25 PM Buy
None
82.54 92.00
as of 12/13/2013
1 Week up  5.06 %
1 Month up  10.20 %
3 Months up  38.38 %
1 YTD up  42.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2013 3:25 PM Hold
None
78.95 82.00
1/3/2012 12:25 PM Buy
None
69.82 80.00

(*) Stock Price at the time of the recommendation.
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