JP Morgan Maintains Overweight on PACCAR, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Overweight rating on PACCAR (NASDAQ:PCAR) and raises the price target from $97 to $105.
October 16, 2023 | 2:22 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on PACCAR and raises the price target from $97 to $105, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates a positive outlook for PACCAR. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100