The Latest Analyst Ratings For PACCAR
Portfolio Pulse from Benzinga Insights
PACCAR (NASDAQ:PCAR) has been analyzed by 8 analysts in the last three months, showing a mix of bullish to bearish sentiments. Recent ratings indicate a shift towards a more positive outlook, with an average 12-month price target of $125.38, marking an 8.24% increase from the previous target. Analyst actions include both upgrades and downgrades, reflecting responses to market conditions and PACCAR's performance. The company, known for its medium- and heavy-duty trucks, has shown strong financial health with a revenue growth of 11.65%, a net margin of 15.61%, and above-average ROE and ROA.
May 01, 2024 | 6:01 pm
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POSITIVE IMPACT
PACCAR has received mixed reviews from analysts, with a recent positive shift in price targets to $125.38, indicating an 8.24% increase. The company's strong financial performance, including 11.65% revenue growth and a net margin of 15.61%, supports a bullish outlook.
The positive shift in analyst sentiment and the increase in the average price target are indicative of a bullish outlook for PACCAR. The company's strong financial indicators, such as revenue growth and net margin, further support this perspective. Analyst actions, including both upgrades and downgrades, reflect a keen interest in PACCAR's market performance and financial health, making this news highly relevant and important for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100