Reported 3 days ago
UBS has increased its price target for Genuine Parts Company (NYSE:GPC) from $135 to $140 while maintaining a Neutral rating on the stock. The firm anticipates that Genuine Parts will discuss its strategic review in its upcoming Q3 earnings release on October 21, with investors eager to see evidence of the company stabilizing its market share. Known for a strong dividend history, Genuine Parts has raised its dividends for 69 consecutive years and operates over 10,800 locations globally.
Source: YAHOO