Morgan Stanley Updates View on Advance Auto Parts (AAP) in 2026 Retail Outlook

Advance Auto Parts, Inc. (NYSE:AAP) is included among the 14 Best Mid-Cap Dividend Stocks to Buy Now. Morgan Stanley Updates View on Advance Auto Parts (AAP) in 2026 Retail Outlook On January 15, Morgan Stanley analyst Simeon Gutman cut his price target on Advance Auto Parts, Inc. (NYSE:AAP) to $45 from $55, while keeping an Equal Weight rating on the stock. The update came as part of the firm’s 2026 outlook for hardline, broadline, and food retail names. Advance Auto has been in the middle of a major r ...