UBS Adjusts Price Target on Genuine Parts to $125 From $122
UBS has updated its price target for Genuine Parts Company, increasing it from $122 to $125 while maintaining a Neutral rating.
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Genuine Parts (NYSE:GPC) reported third-quarter financial results on Tuesday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
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UBS has updated its price target for Genuine Parts Company, increasing it from $122 to $125 while maintaining a Neutral rating.
Genuine Parts Co. (NYSE: GPC) stock fell in premarket trading after Q3 earnings beat estimates, but full-year guidance was lowered.
U.S. stock futures were mixed as GM shares fell 7.3% despite an earnings beat; FreightCar America, 4D Molecular and others also declined premarket.