PACCAR Achieves Record Quarterly Earnings

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PACCAR (PCAR) shares look 'too cheap' - Deutsche Bank

October 25, 2023 2:37 PM EDT

Deutsche Bank upgraded shares of PACCAR (NASDAQ: PCAR) to Buy from Hold, raising the price target on the stock to $115 from $94 per share.

Analyst Nicole DeBlase said the 2024 consensus for the company is too low, and the stock looks too cheap.

"PACCAR is... More