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

down 6.61 %

Genuine Parts Company (GPC) upgraded to Buy with price target $100 by BB&T Capital Mkts

Posted on: Friday,  Sep 12, 2014  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Buy Genuine Parts Company (NYSE: GPC) on 09/12/2014, when the stock price was $88.45. Since then, Genuine Parts
Company has lost 6.61% of its value until BB&T Capital Mkts rated GPC Hold on 10/15/2015, when the price was $82.60.
If you would have followed this BB&T Capital Mkts's recommendation on GPC, you would have lost 6.61% of your investment in 398 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
as of 10/17/2014
1 Week up  1.65 %
1 Month down  -0.48 %
3 Months up  0.11 %
1 YTD up  0.11 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2014 10:25 AM Buy
88.45 100.00
7/19/2013 10:25 AM Hold
1/29/2013 10:25 AM Buy
67.90 75.00

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