Evercore Raises Genuine Parts Price Target to $175 Ahead of Q4 Results
Evercore ISI increased its price objective for Genuine Parts Company (GPC) to $175 from $155 and retained an Outperform rating ahead of the distributor's fourth-quarter earnings release. The firm models 2.5% organic growth and operating income ahead of consensus, and projects EPS of about $7.60 for calendar 2025 and $8.50 for 2026. The stock is tra…