UBS Maintains Neutral on Genuine Parts, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Neutral rating on Genuine Parts (NYSE:GPC) and lowers the price target from $145 to $125.
October 23, 2024 | 1:44 pm
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UBS analyst Michael Lasser has maintained a Neutral rating on Genuine Parts (GPC) while lowering the price target from $145 to $125, indicating a less optimistic outlook.
The lowering of the price target from $145 to $125 by UBS suggests a less optimistic view on Genuine Parts' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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