** Shares of Advance Auto Parts AAP.N up 1% at about $58, in early trading
** Co on Thursday lowered its 2025 adj. EPS forecast
** Truist says co's Q2 earnings were slightly better than expected, driven by stronger demand from professional customers
** Notes co expects better performance in the second half of the year due to seasonal tailwind and improved operational execution
** Truist maintains rating at "hold"
** 1 of 28 brokerages rate the stock "strong buy" , 24 "hold" and 3 "sell"; their median PT is $53 - data compiled by LSEG
** Including session moves, shares up 21.3% YTD
Brokerages | New PT | Old PT |
Truist | $53 | $51 |
$50 | $45 | |
RBC | $60 | $44 |
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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