Advance Auto Parts (AAP) Stock Slides After Target Cut – Does the 2025 Turnaround Still Hold Up?
Advance Auto Parts shares fell about 7% to the high-$40s by midday Tuesday after Evercore ISI cut its price target to $58 and AutoZone reported weaker-than-expected earnings. The stock is now down 27% from its July high and remains volatile as the company continues its three-year turnaround plan.