Genuine Parts (GPC) Misses Q2 EPS by 5c

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Sterne Agee CRT Cuts Price Target on Genuine Parts (GPC) Following 2Q15 Results

July 21, 2015 9:02 AM EDT

Sterne Agee CRT reiterated a Buy rating on Genuine Parts (NYSE: GPC), and cut the price target to $107.00 (from $108.00), following 2Q15 results. Analyst Ali Faghri said that 1H2015 was weaker than expected, but expects improved performance in 2H2015.

Faghri commented, "GPC's 1H2015... More