Paccar upgraded at Morgan Stanley on resilient Class 8 market

As previously reported, Morgan Stanley analyst Dillon Cumming upgraded Paccar to Overweight from Equal Weight with a price target of $136, up from $91. He views Paccar shares as "a …


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Paccar Upgraded At Morgan Stanley On Resilient Class 8 Market

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As previously reported, Morgan Stanley analyst Dillon Cumming upgraded Paccar to Overweight from Equal Weight with a price target of $136, up from $91. He views Paccar shares as "a …

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Paccar Stock, Cruising On Big Rig Demand, Gets 49% Price-Target …

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Dec 14, 2022  · The North American Class 8 market is "more resilient than appreciated," Morgan Stanley analyst Dillon Cumming wrote in a research note Wednesday. And he says PCAR …

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PACCAR Rallies After Bull Call From Morgan Stanley As The Cleanest …

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Dec 14, 2022  · Morgan Stanley assigned a price target of $136 to PACCAR. Shares of PCAR rose 1.55% premarket to $103.79 vs. the 52-week trading range of $77.00 to $107.18. …

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PACCAR’s Promising Growth Outlook: Overcoming Market …

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Oct 23, 2024  · Analyst Angel Castillo from Morgan Stanley reiterated a Buy rating on Paccar (PCAR – Research Report) and decreased the price target to $126.00 from $135.00. Angel …

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Dai Ichi Life Insurance Company Ltd Sells 72,259 Shares Of …

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1 day ago  · Morgan Stanley reduced their price objective on shares of PACCAR from $135.00 to $126.00 and set an "overweight" rating on the stock in a research report on Wednesday, …

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Decoding 9 Analyst Evaluations For PACCAR - Benzinga

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Nov 13, 2024  · Morgan Stanley: Lowers: Overweight: $126.00: $135.00: ... The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy …

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The Analyst Verdict: PACCAR In The Eyes Of 4 Experts

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Jan 24, 2024  · Morgan Stanley: Announces: ... The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in …

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Demystifying PACCAR: Insights From 5 Analyst Reviews

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Jan 8, 2024  · Morgan Stanley: Announces: Overweight: ... The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty …

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Paccar (PCAR) Gets A Buy From Morgan Stanley - Markets Insider

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Oct 14, 2024  · Morgan Stanley analyst Angel Castillo maintained a Buy rating on Paccar (PCAR – Research Report) today and set a price target of $135.00. The company’s shares closed last …

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Paccar Price Target Raised To $120 From $110 At Citi

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Nov 20, 2024  · Citi raised the firm’s price target on Paccar to $120 from $110 and keeps a Neutral rating on the shares.The firm updated its commercial vehicle models and introduced 2027 …

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J.P. Morgan Keeps Their Buy Rating On Paccar (PCAR)

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Jan 16, 2023  · J.P. Morgan analyst Tami Zakaria maintained a Buy rating on Paccar (PCAR – Research Report) on January 12 and set a price target of $110.00. The company’s shares …

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FAQs about Paccar upgraded at Morgan Stanley on resilient Class 8 market Coupon?

Is PACCAR (PCAR) a good stock to buy in 2024?

Fintel reports that on January 8, 2024, Morgan Stanley initiated coverage of PACCAR ( NasdaqGS:PCAR) with a Overweight recommendation. As of December 16, 2023, the average one-year price target for PACCAR is 97.19. The forecasts range from a low of 80.80 to a high of $121.80. ...

What is Citi's price target on PACCAR (PCAR)?

Citi raised the firm’s price target on Paccar (PCAR) to $120 from $110 and keeps a Neutral rating on the shares. The firm updated its commercial vehicle models and introduced 2027 estimates. ...

How do analysts evaluate PACCAR (PACCAR) stocks?

Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of PACCAR compared to the broader market. Price Targets: Analysts set price targets as an estimate of a stock's future value. ...

What is the average price target for PACCAR (PACCAR)?

In the assessment of 12-month price targets, analysts unveil insights for PACCAR, presenting an average target of $110.25, a high estimate of $125.00, and a low estimate of $97.00. Marking an increase of 16.46%, the current average surpasses the previous average price target of $94.67. ...

Why should you consider PACCAR analyst ratings?

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of PACCAR's market position. Stay informed and make well-informed decisions with our Ratings Table. Stay up to date on PACCAR analyst ratings. ...

Is PACCAR a good stock to buy?

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence. Revenue Growth: PACCAR displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 23.2%. ...

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