CFRA Downgrades Genuine Parts (GPC) to Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/28/2026
- Wall St declines as oil prices, Treasury yields remain elevated
- S&P 500 breadth hits lowest level since dot-com bubble, Goldman says
- Nvidia’s AI dominance funds historic $150 billion buyback
- MongoDB stock drops 15% as CEO Desai resigns for Meta
- Jefferies cuts Roblox to Underperform, says rally is too optimistic
- Bloom Energy shares fall on Oracle project halt
- Exclusive-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir
- Oppenheimer sees AI software winners as focus shifts to ROI
- Arm Holdings falls as CFO stock sale weighs on sentiment
- Cantor Fitzgerald Starts Lexicon Pharmaceuticals (LXRX) at Overweight
Genuine Parts (GPC) PT Lowered to $164 at Truist Securities
July 23, 2024 1:44 PM EDTTruist Securities analyst Scot Ciccarelli lowered the price target on Genuine Parts (NYSE: GPC) to $164.00 (from $183.00) while maintaining a Buy rating.
The analyst comments "2Q results were below our expectations in both Auto and Industrial and the company lowered its 24 guide by ~5%. However, we... More
Genuine Parts (GPC) Misses Q2 EPS by 15c, Misses on Revenue; Offers FY24 EPS Guidance
July 23, 2024 6:57 AM EDTGenuine Parts (NYSE: GPC) reported Q2 EPS of $2.44, $0.15 worse than the analyst estimate of $2.59. Revenue for the quarter came in at $6 billion versus the consensus estimate of $6.05 billion.
GUIDANCE:
Genuine Parts sees FY2024 EPS of $9.30-$9.50, versus the consensus of... More
Evercore ISI Issues Negative Tactical Trading Call on Genuine Parts (GPC)
July 19, 2024 5:40 AM EDTEvercore ISI analyst Greg Melich reiterated an In Line rating and $150.00 price target on Genuine Parts (NYSE: GPC)
The analyst comments "We are initiating a negative tactical trading call or TAP on GPC ahead of its earnings on 7/23. We see near term downside toward $130 (down high single digits), with potential for a 2Q EPS miss and... More
