Raymond James Maintains Strong Buy on PACCAR, Raises Price Target to $105
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Felix Boeschen maintains a Strong Buy rating on PACCAR (NASDAQ:PCAR) and raises the price target from $90 to $105.
July 20, 2023 | 11:31 am
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POSITIVE IMPACT
Raymond James maintains a Strong Buy rating on PACCAR and raises the price target from $90 to $105, which could lead to an increase in the stock's price.
The Strong Buy rating maintained by Raymond James indicates a positive outlook for PACCAR. The increase in the price target from $90 to $105 suggests that the analyst believes the stock has significant upside potential, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100