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Advance Auto Parts Inc (AAP) [hlAlert]

Rating:
Outperform
AAP
up 76.23 %

Advance Auto Parts Inc (AAP) upgraded to Outperform by Credit Suisse

Posted on: Thursday,  Nov 21, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Advance Auto Parts Inc (NYSE: AAP) on 11/21/2013, when the stock price was $100.00.
Since then, Advance Auto Parts Inc has gained 76.23% as of 01/15/2016's recent price of $176.23.
If you would have followed this Credit Suisse's recommendation on AAP, you would have gained 76.23% of your investment in 785 days.

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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2013 8:25 AM Buy
None
100.00
as of 12/13/2013
1 Week up  5.06 %
1 Month up  9.85 %
3 Months up  9.85 %
1 YTD up  9.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2012 8:25 AM Hold
None
68.60
11/12/2009 8:25 AM Buy
None
38.60 48.00
6/16/2008 8:25 AM Buy
None
40.65
1/14/2008 10:50 AM Hold
None
31.91 35.00
8/22/2007 9:25 AM Buy
None
33.63 41.00

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