JP Morgan Maintains Overweight on PACCAR, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria has maintained an Overweight rating on PACCAR (NASDAQ:PCAR) and increased the price target from $107 to $113.
January 18, 2024 | 7:36 pm
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JP Morgan analyst Tami Zakaria reaffirmed an Overweight rating on PACCAR and raised the price target to $113, indicating a positive outlook on the stock.
The increase in price target by JP Morgan reflects a positive assessment of PACCAR's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100