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.
See today’s analyst top recommended stocks >>
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
