Wedbush Maintains Neutral on Genuine Parts, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on Genuine Parts (NYSE:GPC) and lowers the price target from $160 to $140.
October 20, 2023 | 1:18 pm
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NEUTRAL IMPACT
Wedbush has maintained a Neutral rating on Genuine Parts and lowered the price target from $160 to $140.
The news directly pertains to Genuine Parts (GPC). The lowered price target could indicate a less optimistic outlook for the company, but the maintained Neutral rating suggests that the analyst does not expect significant changes in the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100