Genuine Parts (GPC) Misses Q3 EPS by 5c, Trims FY EPS Guidance
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Jefferies Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q Report
October 20, 2016 8:56 AM EDTJefferies maintained a Hold rating on Genuine Parts (NYSE: GPC), and cut the price target to $95.00 (from $105.00), following the company's 3Q earnings report. Auto sales increased 1.5% yr/yr to $2.10B despite a core auto sales decline of 1.5% yr/yr. Industrial revenue declined 0.7% yr/yr... More
Wedbush Cuts Price Target on Genuine Parts (GPC) to $95 Following 3Q
October 20, 2016 8:27 AM EDTWedbush maintained a Neutral rating on Genuine Parts (NYSE: GPC), and cut the price target to $95.00 (from $98.00), following the company's 3Q earnings report. GPC noted that the comp performance gap between weather-impacted regions including the Northeast and Central remained in same 400 bps... More
Advance Auto Parts (AAP) Reverse Early Losses on Strong Buy Interest
October 19, 2016 11:38 AM EDTAdvance Auto Parts (NYSE: AAP) is seeing a solid move higher after opening lower on Genuine Parts' (NYSE: GPC) miss and lower guidance. Shares are up 0.6% currently on volume that is running 4.5x normal.
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