Evercore ISI reduced Genuine Parts' price target from $165 to $160 after Q1 earnings exceeded expectations.
Evercore ISI cut its price target for Genuine Parts (GPC) from $165.00 to $160.00 after Q1 earnings exceeded consensus estimates at $2.22. While other brokerages have varied ratings, the consensus rating is Hold and the consensus price target is $167.75. GPC's recent dividend of $1.00 was paid on July 1st, with an ex-dividend date of June 7th, resulting in a payout ratio of 44.59%.
July 05, 2024
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