DA Davidson Lifts Advance Auto Parts Target as Margin Trajectory Remains Central
DA Davidson increased its price target on Advance Auto Parts to $58 from $47 while keeping a Neutral rating, citing margin progress. The stock, trading near $57.15, has returned 50.63% year-to-date. Management's 7% margin objective for 2027 faces headwinds amid a 5.42% revenue contraction over the past twelve months and a softer consensus margin ou…