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Stock Market & Financial Investment News

News Breaks
December 13, 2013
08:05 EDTAAPAdvance Auto Parts upgraded at RBC Capital
As noted earlier, RBC Capital upgraded Advance Auto to Top Pick from Outperform. The firm cited valuation and "numerous" earnings drivers as reasons for the upgrade. Among the earnings drivers cited by RBC are stronger than expected cost synergies and conservative comp assumptions for the company's core business. Target $131.
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April 14, 2014
19:05 EDTAAPPep Boys falls after CEO says tire pricing to negatively impact revenue
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April 10, 2014
07:56 EDTAAPAdvance Auto Parts added to Best Ideas List at Wedbush
Wedbush added Advance Auto Parts to its Best Ideas List as the firm continues to believe that the company's acquisition of General Parts International will generate significantly greater synergies than expected. The firm also thinks the company could benefit from a hotter than normal summer, while its core business could be poised to rebound. The firm keeps a $150 price target and Outperform rating on the shares.

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