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

Goldman Sachs has adjust price targets for the following companies: * Advance Auto Parts AAP goes to $72 from $74. * CVS Caremark CVS goes to $42 from $41. * Genuine Parts Company GPC goes to $55 from $54. * O'Reilly Automotive ORLY goes to $63 from $64. * Staples SPLS goes to $26 from $25. * Tractor Supply Company 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."
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Posted In: Analyst ColorPrice TargetAnalyst Ratingsadvance auto partsAutomotive RetailConsumer DiscretionaryConsumer Staplescvs caremarkDistributorsDrug RetailGenuine Parts CompanyGoldman SachsO'Reilly AutomotiveSpecialty StoresStaplesTractor Supply Company
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