Bank of America Reiterates Buy Rating, $25 PT on Standard Motor Products on Solid 4Q12 Results
March 04, 2013 at 11:10 AM EST
In a report published Monday, Bank of America reiterated its Buy rating and $25.00 price target on Standard Motor Products (NYSE: SMP ). Bank of America noted, “SMP reported 4Q12 continuing ops. EPS of $0.28, ahead of our $0.25 estimate and consensus of $0.22. GAAP EPS of $0.27 included a
