Genuine Parts price target raised to $133 from $129 at Truist

Truist analyst Scot Ciccarelli raised the firm’s price target on Genuine Parts (GPC) to $133 from $129 and keeps a Buy rating on the shares. Q4 was soft at both segments, but the 2025 guidance was rough in line with the firm’s estimates, albeit more second half weighted, adding some risk to the full year outlook, the analyst tells investors in a research note. The firm added that, given the “modest” move in Genuine Parts shares, it believes investors were braced for this performance and guidance, and continues to expect second half improvements in both segments.