Citigroup Maintains Neutral on PACCAR, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kyle Menges maintains a Neutral rating on PACCAR (NASDAQ:PCAR) but lowers the price target from $106 to $100.
August 12, 2024 | 1:25 pm
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NEGATIVE IMPACT
Citigroup analyst Kyle Menges maintains a Neutral rating on PACCAR but lowers the price target from $106 to $100.
The lowered price target from $106 to $100 suggests a less optimistic outlook for PACCAR, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100