Goldman Sachs Maintains Neutral on Genuine Parts, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Genuine Parts (NYSE:GPC) but lowers the price target from $166 to $162.

July 24, 2024 | 5:25 pm
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Goldman Sachs analyst Kate McShane maintains a Neutral rating on Genuine Parts (NYSE:GPC) but lowers the price target from $166 to $162.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. However, the lowered price target indicates a slightly less optimistic outlook, which could lead to minor downward pressure.
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