Credit Suisse Maintains Neutral on PACCAR, Raises Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Jamie Cook maintains a Neutral rating on PACCAR (NASDAQ:PCAR) and raises the price target from $84 to $90.
July 26, 2023 | 1:08 pm
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Credit Suisse maintains a Neutral rating on PACCAR and raises the price target from $84 to $90, indicating a potential upside.
The raised price target by Credit Suisse indicates a potential upside for PACCAR's stock. However, the maintained Neutral rating suggests that the stock is fairly valued at the moment, which might not trigger a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100