PACCAR Stock Upgraded: What You Need to Know
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
PACCAR (NASDAQ: PCAR) stock crashed 8% after the company reported earnings last month, and hasn't really recovered much since. This morning, however, some good news arrived.
So far since earnings, two analysts -- Evercore ISI and Seaport Global Securities -- have used PACCAR's earnings report as an excuse to downgrade the stock. But breaking with that sentiment, this morning Argus Research announced it is upgrading PACCAR stock and assigning it a price target of $82 per share.
Source: Fool.com
PACCAR Inc. Aktie
Einseitige Zustimmung für PACCAR Inc. mit mehreren Buy- und keiner Sell-Einschätzung.
Ein Kursziel von 107 € für PACCAR Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 87.5 € bedeuten.