Forecasting The Future: 8 Analyst Projections For PACCAR
Mar 14, 2024
8 analysts have expressed a variety of opinions on PACCAR (NASDAQ:PCAR) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 5 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 1 0 0 2M Ago 0 1 3 0 0 3M Ago 0 1 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for PACCAR, presenting an average target of $112.25, a high estimate of $135.00, and a low estimate of $97.00. This upward trend is apparent, with the current average reflecting a 15.33% increase from the previous average price target of $97.33. Investigating Analyst Ratings: An Elaborate Study The standing of PACCAR among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Jamie Cook Truist Securities Announces Hold $117.00 - Tami Zakaria JP Morgan Raises Overweight $135.00 $116.00 David Raso Evercore ISI Group Raises In-Line $101.00 $94.00 Steven Fisher UBS Raises Neutral $104.00 $90.00 Jerry Revich Goldman Sachs Raises Neutral $106.00 $93.00 Ross Gilardi B of A Securities Raises Neutral $97.00 $84.00 Tami Zakaria JP Morgan Raises Overweight $113.00 $107.00 Angel Castillo Morgan Stanley Announces Overweight $125.00 - Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether ...Full story available on Benzinga.com
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