Citigroup Initiates Coverage On PACCAR with Neutral Rating, Announces Price Target of $115
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on PACCAR (NASDAQ:PCAR) with a Neutral rating and set a price target of $115.
June 26, 2024 | 3:03 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on PACCAR with a Neutral rating and set a price target of $115.
The Neutral rating suggests that Citigroup does not expect significant short-term movement in PACCAR's stock price. The price target of $115 provides a benchmark for investors but does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100