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Fly News Breaks for May 30, 2019
GPC
May 30, 2019 | 16:09 EDT
Stephens analyst Daniel Imbro started Genuine Parts with an Overweight rating and a $114 price target, citing his view that the company's core U.S. auto business is well positioned and that is also has a strong market position in Europe. He also thinks that after a recent pullback the stock's current valuation gives investors an attractive entry point.
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