Genuine Parts Co.

Goldman Sachs has put out a report on Genuine Parts (NYSE: GPC) noting a strong 2Q for the company. In the report, Goldman Sachs writes, "2Q results were strong, but we believe revenue tailwinds driving the automotive and industrial divisions will moderate, gross margin rate progress has the...

Gabelli is out with its report today on Genuine Parts Co. (NYSE: GPC), maintaining Buy. In a note to clients, Gabelli writes, "Shares currently trade at roughly a 20% discount to our FY12 PMV estimate of $66 per share, providing sufficient margin of safety for investors before factoring in the 3.4...

Goldman Sachs is raising its target on Genuine Parts Co. (NYSE: GPC) from $53 to $54.