UPDATE: Goldman Sachs Reiterates Sell Rating, Raises PT on Genuine Parts Company on Expectation of Slower Growth

In a report published Friday, Goldman Sachs reiterated its Sell rating on Genuine Parts Company (NYSE: GPC ), and raised its price target from $62.00 to $65.00. Goldman Sachs noted, “We expect GPC's 4Q results, due out on Tuesday, February 19, to reflect sluggish trends in key end markets. Our