PACCAR (PCAR) PT Lowered to $107 at BofA Securities
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PACCAR Achieves Excellent Quarterly Revenues and Profits
July 23, 2024 8:00 AM EDTBELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR achieved excellent revenues and net income in the second quarter of 2024, said Preston Feight, chief executive officer. PACCARs truck and Parts operations achieved robust quarterly sales and profits due to industry-leading trucks and strong aftersales performance that enhanced customer uptime. PACCAR Financial Services delivered good profitability due to its growing, high quality portfolio. I am very proud of our employees for delivering industry-leading trucks and transportation solutions to our customers.
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