Truist Securities Maintains Hold on PACCAR, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jamie Cook maintains a Hold rating on PACCAR (NASDAQ:PCAR) and lowers the price target from $121 to $115.
July 02, 2024 | 12:46 pm
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Truist Securities has maintained its Hold rating on PACCAR but lowered the price target from $121 to $115, indicating a cautious outlook.
The lowered price target from $121 to $115 suggests a less optimistic view on PACCAR's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100