Investing.com -- Goldman Sachs downgraded Genuine Parts Co (NYSE:GPC) to "Sell" from "Neutral" while upgraded AutoZone Inc (NYSE:AZO) to "Neutral" from "Sell" citing differing levels of cyclicality ...
Although older cars are more frequent for repairs and maintenance, inflation has given a boost to used car sales with consumers less willing to spend on brand-new vehicles. With that being said, ...
Goldman Sachs analyst Kate McShane on Tuesday highlighted concerns over market volatility, declining consumer activity, and ongoing economic uncertainty within the auto parts retail sector, which are ...
Investing.com -- Goldman Sachs upgraded AutoZone (NYSE: AZO) to Buy from Neutral and Genuine Parts (NYSE: GPC) to Neutral from Sell in a note on Thursday, citing improved risk/reward profiles for both ...
Goldman Sachs weighed in on the auto retailer sector on Tuesday amid the ongoing volatility in the broad market and the increased concern around slowing consumer activity and economic uncertainty.
Genuine Parts Company (NYSE:GPC) it the leading U.S. wholesale distributor of automotive replacement parts, and its better known by the name of its distribution centers and stores, NAPA. With steadily ...
Link: https://www.zacks.com/commentary/2456861/3-stocks-to-watch-from-auto-parts-retail-industry-with-promising-prospects The Zacks Automotive – Retail and ...
Goldman Sachs (NYSE:GS) lowered GPC’s rating to "Sell," citing weaker performance in its NAPA auto parts business, slowing trends in its European automotive segment, and concerns over its industrial ...