Genuine Parts Co. (NYSE:GPC) was upgraded by equities researchers at Goldman Sachs Group Inc. to a “neutral” rating in a research report issued to clients and investors on Thursday.
A number of other equities research analysts have also recently commented on GPC. Wedbush reissued a “neutral” rating on shares of Genuine Parts in a research report on Tuesday, January 3rd. Zacks Investment Research raised shares of Genuine Parts from a “sell” rating to a “hold” rating in a research report on Monday, December 5th. Atlantic Securities started coverage on shares of Genuine Parts in a research note on Wednesday, December 14th. They set a “neutral” rating and a $100.00 price target on the stock. Finally, Jefferies Group cut their price target on shares of Genuine Parts to $95.00 in a research note on Thursday, October 20th. Ten analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $98.91.
Source: American Banking and Market News