UBS Maintains Neutral on Genuine Parts, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Neutral rating on Genuine Parts (NYSE:GPC) but lowers the price target from $165 to $150.

July 03, 2024 | 1:06 pm
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UBS analyst Michael Lasser maintains a Neutral rating on Genuine Parts (NYSE:GPC) but lowers the price target from $165 to $150.
The lowered price target from $165 to $150 by UBS suggests a less optimistic outlook for Genuine Parts, which could negatively impact investor sentiment and the stock price in the short term.
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