Genuine Parts Company (GPC) was Downgraded by Sterne Agee CRT to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Sterne Agee CRT advised their investors in a research report released on Apr 4, 2016.
Many Wall Street Analysts have commented on Genuine Parts Company. Shares were Reiterated by RBC Capital Mkts on Feb 17, 2016 to “Sector Perform” and Lowered the Price Target to $ 90 from a previous price target of $92 .Shares were Downgraded by Wedbush on Feb 17, 2016 to ” Neutral” and Lowered the Price Target to $ 91 from a previous price target of $93 .Genuine Parts Company was Downgraded by JP Morgan to ” Neutral” on Feb 1, 2016.
Source: Los Angeles Mirror