Truist Securities Maintains Hold on PACCAR, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on PACCAR (NASDAQ:PCAR) while raising the price target from $103 to $107.
October 23, 2024 | 1:53 pm
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Truist Securities has maintained a Hold rating on PACCAR and increased the price target from $103 to $107, indicating a positive outlook.
The increase in price target from $103 to $107 by Truist Securities suggests a positive outlook for PACCAR, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100