Genuine Parts Company Marks 60th Consecutive Year Of Increased Dividends And Announces Officer Changes
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Sterne Agee CRT Remains Bullish on Genuine Parts (GPC); Says Headwinds are 'Transitory'
February 18, 2016 2:10 PM ESTSterne Agee CRT maintained a Buy rating on Genuine Parts (NYSE: GPC), and cut the price target to $100.00 (from $105.00), following the company's 4Q. Sterne Agee CRT expects unfavorable FX and industrial softness to persist, but views these headwinds as transitory, and forecast improved results... More
Jefferies Raises Price Target on Genuine Parts (GPC) as NAPA Appears Poised for Growth
February 17, 2016 9:31 AM ESTJefferies reiterated a Buy rating on Genuine Parts (NYSE: GPC), and raised the price target to $105.00 (from $100.00), following the company's 4Q earnings report. Given solid demand drivers, company owned, NAPA appears poised for mid-single digit growth in '16 while EBIT margin expansion likely... More
