Deutsche Bank Upgrades PACCAR to Buy, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Nicole Deblase has upgraded PACCAR (NASDAQ:PCAR) from Hold to Buy and raised the price target from $94 to $115.
October 25, 2023 | 10:03 am
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PACCAR's stock has been upgraded to Buy by Deutsche Bank, with a raised price target of $115.
The upgrade from Hold to Buy and the increase in price target by Deutsche Bank indicates a positive outlook for PACCAR. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100