Citigroup Raises Advance Auto Parts Price Target to $48 From $45
Citigroup lifted its price target on Advance Auto Parts to $48 from $45 while keeping a neutral rating, according to Dow Jones Newswires citing Benzinga.
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what happened
Citigroup raised its price target on Advance Auto Parts shares to $48 from $45. Dow Jones Newswires reported the change, citing ratings data from Benzinga.
The bank kept its neutral recommendation on the stock. The update concerns only the price forecast and comes without new details on the company's financial position.
why it matters
Single-analyst target changes like this usually concern one stock and rarely move the broader market. For investors in the auto-parts retail sector, it is one of many analyst signals.
market impact
Shares of Advance Auto Parts: one bank's higher target, with limited wider effect
tags
instruments
sources
- Advance Auto Parts Price Target Raised to $48.00/Share From $45.00 by Citigroup — Dow Jones Newswires, 23 October 2026 at 18:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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