Genuine Parts (GPC) Tops Q4 EPS by 5c
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February 18, 2016 2:10 PM EST
Sterne 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
February 17, 2016 9:31 AM EST
Jefferies 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
February 17, 2016 7:10 AM EST
Wedbush downgraded Genuine Parts (NYSE: GPC) from Outperform to Neutral with a price target of $91.00 (from $93.00).
Analyst Seth Basham commented, "GPC delivered a low-quality beat in 4Q15 and issued 2016 guidance shy of consensus expectations. That set of facts was enough to push GPC shares... More
