Analyst Ratings For PACCAR
Portfolio Pulse from Benzinga Insights
Analysts have recently adjusted their ratings and price targets for PACCAR (NASDAQ:PCAR), reflecting a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 8.66% to $105.5. Analysts have lowered their ratings, indicating a cautious outlook on PACCAR's market performance.
October 09, 2024 | 4:00 pm
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NEGATIVE IMPACT
PACCAR's recent analyst ratings show a cautious outlook with a decrease in the average price target to $105.5, down 8.66%. Analysts have lowered their ratings, reflecting concerns over market performance.
The decrease in the average price target and the lowering of ratings by multiple analysts suggest a negative short-term outlook for PACCAR. This reflects concerns over its market performance and potential revenue challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100