An analyst for William Blair & Co. cut his rating for LKQ Corp. late Thursday, advising investors wait to pick up shares of the maker of vehicle replacement parts.

LKQ Corp., which makes vehicle replacement parts, said Thursday its third-quarter profit jumped 72 percent, boosted by an acquisition last year.

Gabelli & Co. raised its rating for Genuine Parts Co. to “Buy” from “Hold” Monday, citing the recent drop in the automotive replacement parts maker’s share price and its solid third-quarter results.

Genuine Parts reports its net income rose 2% from a year ago, led by its electrical products unit that helped overcome weakness in the automotive and office industries.

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