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Enter Symbol:
 
Genuine Parts Company (GPC) [hlAlert]

Rating:
Buy GPC
up 20.54 %

Genuine Parts Company (GPC) rated Buy with price target $75 by BB&T Capital Mkts

Posted on: Tuesday,  Jan 29, 2013  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Genuine Parts Company (NYSE: GPC) on 01/29/2013, when the stock price was $67.90. Since then, Genuine Parts
Company has gained 20.54% of its value until BB&T Capital Mkts rated GPC Hold on 07/19/2013, when the price was $81.85.
If you would have followed this BB&T Capital Mkts's recommendation on GPC, you would have gained 20.54% of your investment in 171 days.

Genuine Parts Company Biotech AG is a publicly traded biopharmaceutical company focused on discovering, developing and commercializing new anticancer drugs. GPC Biotech's lead product candidate satraplatin is an oral platinum-based compound that has shown highly statistically significant results for progression-free survival in a Phase three registrational trial as a second-line chemotherapy treatment in hormone-refractory prostate cancer. The U.S. FDA has granted fast track designation to satraplatin for this indication, and the rolling NDA submission process for this compound has been completed. Satraplatin was in-licensed from Spectrum Pharmaceuticals, Inc. GPC Biotech is also developing a monoclonal antibody with a novel mechanism-of-action against a variety of lymphoid tumors, currently in Phase 1 clinical development, and has ongoing drug development and discovery programs that leverage its expertise in kinase inhibitors.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2015 11:25 AM Hold
None
82.60
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  20.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2014 10:25 AM Buy
None
88.45 100.00
7/19/2013 10:25 AM Hold
None
81.85
1/29/2013 10:25 AM Buy
None
67.90 75.00

(*) Stock Price at the time of the recommendation.
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