Genuine Parts price target raised to $150 from $140 at UBS

UBS raised the firm’s price target on Genuine Parts (GPC) to $150 from $140 and keeps a Neutral rating on the shares. Investors are seeking greater clarity on Genuine Parts’ future structure, particularly amid expectations of potential segment separations to unlock shareholder value, the analyst says in a research note. Uncertainty around standalone performance, investment needs, dividend sustainability, and shareholder base formation may weigh on the stock until a clearer path emerges, though improved segment fundamentals would strengthen any potential split, UBS says.