Advance Auto Parts (NYSE:AAP) is considered one of the best Auto Parts stocks by Hedge Funds. Analyst Aaron Reed upgraded the stock to a Buy rating with a price target of $55, expecting strong demand trends in 2026. TD Cowen analyst Max Rakhlenko, on the other hand, reduced his price target to $46.

Evercore ISI’s Greg Melich reaffirmed his In-Line rating for AAP with a revised target price of $56. Despite the downward revision, the stock still offers over 16% upside potential. Advance Auto Parts provides automotive aftermarket parts and operates over 4,700 stores serving professional installers and DIY customers.

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Read more at Yahoo Finance: Here is Why Hedge Funds Favor Advance Auto Parts (AAP)