JP Morgan Maintains Overweight on PACCAR, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Overweight rating on PACCAR but lowers the price target from $125 to $122.
October 23, 2024 | 11:46 am
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JP Morgan analyst Tami Zakaria maintains an Overweight rating on PACCAR, indicating a positive outlook, but lowers the price target from $125 to $122, suggesting a slight decrease in expected valuation.
The Overweight rating suggests a positive outlook for PACCAR, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100