JP Morgan Maintains Overweight on Genuine Parts, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on Genuine Parts (NYSE:GPC) and raises the price target from $157 to $162.
October 16, 2024 | 4:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan has reaffirmed its Overweight rating on Genuine Parts and increased the price target to $162, indicating a positive outlook.
The increase in price target from $157 to $162 by JP Morgan suggests a positive outlook for Genuine Parts, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100