Roth Capital Thinks US Auto Parts Network’s Stock is Going to Recover

By Austin Angelo

Roth Capital analyst Darren Aftahi reiterated a Buy rating on US Auto Parts Network (NASDAQ: PRTS) today and set a price target of $4.80. The company’s shares opened today at $2.64, close to its 52-week high of $4.35.

Aftahi commented:

“We believe much of the recent risks are discounted in shares at current valuation.”

According to TipRanks.com, Aftahi is a 1-star analyst with an average return of -0.2% and a 50.3% success rate. Aftahi covers the Technology sector, focusing on stocks such as The Meet Group Inc, Mitek Systems Inc, and Angie’s List Inc.

US Auto Parts Network has an analyst consensus of Moderate Buy, with a price target consensus of $4.80.

The company has a one year high of $4.35 and a one year low of $2.40. Currently, US Auto Parts Network has an average volume of 235.5K.

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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.