CORRECTION: Stephens & Co. Maintains Equal-Weight on Genuine Parts, Lowers Price Target to $168 - Price Target Updated
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Daniel Imbro maintains an Equal-Weight rating on Genuine Parts (NYSE:GPC) and lowers the price target from $172 to $168.
July 21, 2023 | 1:12 pm
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NEGATIVE IMPACT
The price target for Genuine Parts has been lowered from $172 to $168 by Stephens & Co.
The lowering of the price target by Stephens & Co. indicates a potential decrease in the short-term value of Genuine Parts. This could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100