Home / Business / Raymond James double upgrades this auto parts distribution ahead of planned business separation

Raymond James double upgrades this auto parts distribution ahead of planned business separation

Raymond James sees shares of Genuine Parts Company rallying 25% from here.

Raymond James believes that a planned business separation should help unlock value for shares of Genuine Parts Company . The bank double upgraded the automotive parts distributor to a strong buy rating from market perform. Analyst Sam Darkatsh also i… [1453 chars]

Source: CNBC | Published: 2026-02-24T12:26:39Z

Credit: CNBC

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *