macro

JP Morgan lifts Advance Auto Parts price target to $57 from $55

Dow Jones Newswires reports that JP Morgan raised its price target on Advance Auto Parts shares to $57 from $55, citing Benzinga ratings data.

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what happened

Dow Jones Newswires reports that JP Morgan has increased its price target for Advance Auto Parts shares to $57 from a previous $55. The rating update was compiled from Benzinga's analyst data.

why it matters

A single brokerage target change usually concerns one issuer and rarely moves the broader market. For investors it reflects a shift in analyst valuation of the auto parts retailer rather than new company results.

tags

instruments

Advance Auto Parts (AAP)

sources

  1. Advance Auto Parts Price Target Raised to $57.00/Share From $55.00 by JP Morgan — Dow Jones Newswires, 7 November 2026 at 02:33 UTC

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