Citigroup Maintains Neutral on PACCAR, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein has maintained a Neutral rating on PACCAR (NASDAQ:PCAR) and raised the price target from $90 to $92.
October 25, 2023 | 3:28 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on PACCAR and raised the price target from $90 to $92.
The news is directly about PACCAR and comes from a reputable source, Citigroup. 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 likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100