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U.S. truckmaker PACCAR beat second-quarter profit and revenue estimates on Tuesday, helped by strong demand in its aftermarket parts segment as more truckers opted to maintain their existing fleet.
Despite a top- and bottom-line beat in the second quarter, shares of Genuine Parts ( NYSE: GPC) are under pressure in ...
AAP and ORLY are set to benefit from aging cars, rising EV demand, and DIFM growth in a high-performing auto parts industry.
Key Points The company benefited from a pre-market open price target raise.That didn't exactly make the analyst behind it an Advance bull, however. Investors were assertively stepping on the gas ...
This paper aims to design and implement an efficient auto parts demand forecasting system, with the manufacturing plant as the core, and conducts in-depth research on the influencing factors of demand ...
Advance Auto Parts management's guidance and third-party data suggest demand momentum is weak, making FY25 same-store-sales growth targets unlikely. Learn more on AAP stock here.
Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) fell 8% in the afternoon session after analysts at Goldman Sachs downgraded the stock to "sell" from "neutral." ...
Shares in auto parts retailer Advance Auto Parts(NYSE: AAP) were lower by more than 8% as of 11 a.m. today. The move came after Goldman Sachs downgraded the stock from neutral to a sell, amid ...
Goldman Sachs stated that Advance Auto Parts’ current 19.5x next-twelve-months price-to-earnings multiple is only justified if a margin recovery materializes, which the firm views as uncertain ...
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