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Loop Capital Reiterates Buy Rating on Genuine Parts (GPC)

April 23, 2025 7:41 AM

Loop Capital analyst Chris Dankert reiterated a Buy rating and $155.00 price target on Genuine Parts (NYSE: GPC).

The analyst commented: "CY1Q earnings edged ahead of consensus expectations (+4% beat) aided by generally in-line sales, solid gross margin execution, and lower interest expense. In the face of dramatic tariff uncertainty, GPC reiterated 2025 guidance (which excludes any tariff impact). Our revised estimates move to the low-end of the outlook range as we expect demand destruction/lower volumes to offset incremental pricing gains into 2H25. We are reiterating our Buy rating and $155 price target seeing GPC as meaningfully undervalued and well positioned to benefit from renewed inflation, while cost optimization and M&A integration actions support margin expansion into 2H."

For an analyst ratings summary and ratings history on Genuine Parts click here. For more ratings news on Genuine Parts click here.

Shares of Genuine Parts closed at $114.95 yesterday.

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