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Barrington Keeps a Buy Rating on US Auto Parts Network (PRTS)


In a report released today, Gary Prestopino from Barrington maintained a Buy rating on US Auto Parts Network (NASDAQ: PRTS), with a price target of $5. The company’s shares opened today at $1.51.

Prestopino commented:

“We believe that the Board will be focusing on a replacement for Coleman that has senior leadership experience in both e‐Commerce and automotive aftermarket parts.”

According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.4% and a 41.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for US Auto Parts Network with a $5 average price target.

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The company has a one-year high of $2.94 and a one-year low of $1.08. Currently, US Auto Parts Network has an average volume of 149.8K.

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U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts and repair information through its online platforms. The firm’s flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net.