Royal Bank of Canada upgrades PACCAR's target price to $123 and maintains a sector perform rating.
Royal Bank of Canada has given PACCAR (NASDAQ:PCAR) a sector perform rating and a $123.00 target price, while other brokerages such as UBS Group and JPMorgan Chase & Co. have also raised their target prices. PACCAR reported $2.70 EPS for the quarter, beating the consensus estimate by $0.45, and its average rating is Moderate Buy with a consensus target price of $109.39. The company also announced a quarterly dividend of $0.27 per share.
March 29, 2024
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