From Yahoo Finance: 2025-05-26 09:23:00

RBC Capital Markets maintains a Sector Perform rating for Advance Auto Parts Inc. (NYSE:AAP) with an unchanged price target of $44. Analysts note the company’s efforts to meet Q1 commitments and improving key performance metrics.

RBC Capital requests additional proof of consistent growth from AAP despite encouraging early signs. Projections for comparable sales growth in fiscal years 2025 and 2026 have been adjusted to 0.4% and 1.0%, with adjusted EPS expected to be $1.08 and $2.58.

While AAP shows potential for growth, RBC Capital believes other AI stocks offer greater return potential with limited downside risk. For more promising AI stock options, check out the report on the cheapest AI stock.

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Read more at Yahoo Finance: RBC Maintains Sector Perform on AAP, Cites Early Improvement Signs