Jefferies Maintains Hold on Genuine Parts, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Bret Jordan has maintained a Hold rating on Genuine Parts (NYSE:GPC) and increased the price target from $150 to $170.
April 19, 2024 | 5:55 pm
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Jefferies has maintained a Hold rating on Genuine Parts and raised the price target from $150 to $170.
The increase in price target by Jefferies reflects a positive outlook on the stock's value, potentially leading to increased investor interest and a positive short term impact on the stock price. The Hold rating suggests stability, but the raised target indicates an expectation of growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100