PACCAR (PCAR) Misses Q2 EPS by 1c

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PACCAR (PCAR) PT Lowered to $107 at BofA Securities

July 24, 2024 9:25 AM EDT

BofA Securities analyst Ross Gilardi lowered the price target on PACCAR (NASDAQ: PCAR) to $107.00 (from $120.00) while maintaining a Neutral rating.

The analyst comments "PCAR reported Q2 adj EPS of $2.13, down 8% YoY, in line with cons. That said, underlying trends underwhelmed, resulting in PCAR... More