Auto Parts

KeyBanc analysts looked into the crowded auto parts and equipment space. The Analyst KeyBanc Capital Markets' James Picariello on Tuesday initiated coverage of the following: Adient PLC (NYSE: ADNT) at Underweight, $18 price target. Aptiv PLC (NYSE: APTV) at Overweight, $95 price target....

The bearish case for Advance Auto Parts, Inc. (NYSE: AAP) has come to an end after the company's second-quarter results came in better than expected, according to Citi. The Analyst Citi's Kate McShane upgraded Advance Auto Parts from Sell to Neutral. The Thesis Advance Auto Parts'...

Auto parts distributor LKQ Corporation (NYSE: LKQ)'s stock fell 26 percent in 2018, but investors who think the stock is "totaled" may want to reconsider, according to SunTrust Robinson Humphrey.  The Analyst Analyst Stephanie Benjamin initiated coverage of LKQ's stock with...

Goldman Sachs' "Conviction List" of stocks that are expected to outperform now includes two new entrants: auto parts retailer AutoZone, Inc. (NYSE: AZO) and fast food chain McDonald's Corporation (NYSE: MCD). The Analyst Goldman Sachs' Matthew Fassler maintains a Buy rating...

Tenneco Inc (NYSE: TEN)'s proposed $5.4-billion acquisition of Icanh Enterprises LP (NASDAQ: IEP)-owned Federal-Mogul is likely to be accretive to its earnings per share, but the deal fails to address two ongoing investor concerns, according to Goldman Sachs. The Analyst Goldman Sachs...

Activist investor Carl Icahn's name is front and center in a $5.4-billion merger between two automotive component companies. What Happened Carl Icahn and his Icahn Enterprises LP (NASDAQ: IEP) agreed to sell its indirect wholly owned subsidiary Federal-Mogul to Tenneco Inc (NYSE: TEN) for $5....

Advance Auto Parts, Inc. (NYSE: AAP) reported better-than-expected fourth-quarter adjusted earnings per share Wednesday, notwithstanding a 2.2-percent drop in net sales. The Analyst Credit Suisse analyst Seth Sigman maintained his Outperform rating on Advanced Auto Parts shares and...

Is retail making a comeback? It may be too early to say, but analysts at Citi at the very least expect concerns to "subside in a meaningful way" in 2018. The Analyst Citi's Kate McShane and Geoffrey Small. The Thesis The tremendous growth of e-commerce and the rise of Amazon.com,...

O'Reilly Automotive Inc (NASDAQ: ORLY)'s stock is down nearly 10 percent in 2017, but some Wall Street analysts are laying out the bullish case for owning the stock heading into 2018. The Analyst RBC Capital Markets' Scot Ciccarelli upgraded O'Reilly's stock from Sector...

Delphi Automotive PLC (NYSE: DLPH) confirmed last week an accelerated plan to spin off its two businesses into two different publicly traded entities, Aptiv PLC (the electronics business) and Delphi Technologies (the powertrain business). The Analyst Bank of America's John Murphy upgraded...

Keep a vehicle long enough and you’re bound to make a trip to the parts store, but which of the big chains is best positioned to motor ahead? No. 2 Advance Auto Parts, Inc. (NYSE: AAP) is looking like an also-ran compared to AutoZone, Inc. (NYSE: AZO) and O'Reilly Automotive Inc (NASDAQ:...

The aftermarket auto parts sector isn't a "wreck," according to Bank of America's Denise Chai. Although many stocks are trading near their respective multi-year lows, the sector is suffering from various industry wide trends and entering a period of lower sustained growth after a...

Advance Auto Parts, Inc. (NYSE: AAP) has lost nearly 40 percent since the start of 2017 and has now become a compelling investment, at least according to analysts at Jefferies. Jefferies' Bret Jordan upgraded Advance Auto Parts' stock from Hold to Buy with a price target lowered from $150...

Shares of O'Reilly Automotive Inc (NASDAQ: ORLY) lost around 20 percent after reporting poor performance in its second-quarter comp sales report. The company blamed the lackluster numbers as partly due to weather, but analysts at Wedbush see additional factors at play. A full quarterly print is...

Wednesday was a brutal day for auto part stocks after O'Reilly Automotive Inc (NASDAQ: ORLY) reported not only poor sales metrics for its second quarter but concerning commentary, including a "more challenging sales environment" than expected. So, why is that the entire stock market...