Barrington analyst Gary Prestopino maintained a Buy rating on US Auto Parts Network (PRTS) today and set a price target of $5. The company’s shares closed yesterday at $1.07, close to its 52-week low of $0.88.
Prestopino commented:
“We believe a strategy to return the company to profitable growth will be outlined during the call.”
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -0.3% and a 43.3% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and Liquidity Services.
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 $2.26 and a one-year low of $0.88. Currently, US Auto Parts Network has an average volume of 91.53K.
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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.
