Evercore ISI Group Maintains In-Line on Genuine Parts, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an In-Line rating on Genuine Parts (NYSE:GPC) but lowers the price target from $160 to $155.

July 16, 2024 | 2:43 pm
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Evercore ISI Group analyst Greg Melich maintains an In-Line rating on Genuine Parts (NYSE:GPC) but lowers the price target from $160 to $155.
The lowered price target from $160 to $155 suggests a slightly less optimistic outlook for Genuine Parts, which could lead to a short-term negative impact on the stock price. However, the maintained In-Line rating indicates that the stock is expected to perform in line with the market.
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