Truist Securities Maintains Buy on Genuine Parts, Lowers Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a 'Buy' rating on Genuine Parts (NYSE:GPC) but has lowered the price target from $191 to $172.
October 05, 2023 | 1:01 pm
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Truist Securities maintains a 'Buy' rating on Genuine Parts but lowers the price target from $191 to $172.
The news is directly related to Genuine Parts (GPC). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential downside risk. However, the impact on the stock price in the short term is uncertain as it depends on how investors interpret this information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100