Analyst Upgrade on Genuine Parts (GPC) Follows Planned Business Split

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Raymond James upgraded Genuine Parts (GPC) to Strong Buy with a $145 price target, citing a sum-of-the-parts valuation following the planned separation of its auto and industrial businesses. The firm anticipates the split to complete by Q1 2027 and believes early 2026 data suggests an inflection point in industrial demand benefiting the company. The valuation was based on different EBITDA multiples for its industrial and auto segments.

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