Market Overview

Goldman Adjusts Price Targets On AAP, CVS, GPC, ORLY, SPLS, & TSCO

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Goldman Sachs has adjust price targets for the following companies:

* Advance Auto Parts (NYSE: AAP) goes to $72 from $74.

* CVS Caremark (NYSE: CVS) goes to $42 from $41.

* Genuine Parts Company (NYSE: GPC) goes to $55 from $54.

* O'Reilly Automotive (NASDAQ: ORLY) goes to $63 from $64.

* Staples (NASDAQ: SPLS) goes to $26 from $25.

* Tractor Supply Company (NASDAQ: TSCO) goes to $43 from $41.

In the report, Goldman Sachs writes "We are tweaking 12-month price targets for several covered hardlines retailers to reflect movement in the market multiple and movements in share price that change the base-case valuation assumptions in our risk/reward calculations. We are maintaining our earnings estimates in all instances."

Posted-In: advance auto parts cvs caremark Genuine Parts Company Goldman Sachs O'Reilly AutomotiveAnalyst Color Price Target Analyst Ratings

 

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