Citigroup Maintains Neutral on PACCAR, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Neutral rating on PACCAR (NASDAQ:PCAR) and raises the price target from $80 to $88.
July 18, 2023 | 4:00 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on PACCAR and raises the price target from $80 to $88.
The news is directly about PACCAR and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100