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Truist Securities Cuts Price Target on Advance Auto Parts to $43 From $62 After 'Tougher' Q2, Keeps Hold Rating

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Advance Auto Parts (AAP) has an average rating of hold and mean price target of $60.21, according to analysts polled by FactSet.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

Price: $41.41, Change: $-14.77, Percent Change: -26.29%

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Update: Zip Co Fiscal 2026 Underlying Earnings, Revenue Up; Shares Up 12%

(Updates to add stock movement in the headline and the fourth paragraph)Zip Co (ASX:ZIP) logged AU$0.0916 in underlying earnings per basic share for the fiscal 2026, compared with AU$0.0386 a year ago, a Thursday filing showed.For the 12 months ended June 30, revenue was AU$1.34 billion versus AU$1.07 billion previously, the Australia-listed digital financial services company added.The company expects fiscal 2027 group revenue margin of about 8% and group cash earnings before taxes, depreciation, and amortization of AU$340 million.Its shares surged 12% in recent trading on Thursday.

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Nordson Fiscal Q3 Adjusted Earnings, Revenue Rise; 2026 Outlook Raised

Nordson (NDSN) reported fiscal Q3 non-GAAP net income late Wednesday of $3.25 per diluted share, up from $2.73 a year earlier.Analysts polled by FactSet expected $3.09.Revenue for the quarter ended July 31 was $817.7 million, up from $741.5 million a year earlier.Analysts expected $779.5 million.For fiscal 2026, the company raised its adjusted EPS guidance to $11.80 to $12.00 from the previous range of $11.30 to $11.80.Revenue projection for the fiscal year was also increased to $3.035 billion to $3.075 billion from $2.93 billion to $3.01 billion previously.Analysts expect EPS of $11.60 on revenue of $2.98 billion.Shares rose around 4% in after-hours trading.

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