From Yahoo Finance: 2025-05-24 15:39:00

TD Cowen raised Advance Auto Parts, Inc.’s price target to $53 after strong Q1 2025 results. The company reported $2.58 billion in revenue, beating expectations by $74.22 million. CFO noted DIFM as a key driver and reaffirmed full-year guidance. TD Cowen expects AAP to meet targets for the year.

Advance Auto Parts, Inc. is a major automotive company with a revenue decline of 24.17% YoY in Q1 2025 but beat market consensus. TD Cowen is optimistic about the company’s margins and expects it to achieve top and bottom-line targets for the year. AAP serves both professional installers and DIY customers.

Read more: TD Cowen Lifts Advance Auto Parts (AAP) PT After Q1 Report