PACCAR Achieves Excellent Quarterly Revenues and Profits
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Goldman Sachs Reiterates Neutral Rating on PACCAR (PCAR)
October 23, 2024 6:11 AM EDTGoldman Sachs analyst Jerry Revich reiterated a Neutral rating and $121.00 price target on PACCAR (NASDAQ: PCAR).
The analyst comments "We reduce our 2025-26E EPS estimates by -8% to $7.20/$8.98 from $7.75/$9.79 following 3Q results that revealed (i) higher Truck cost inflation (+3% year-over-year vs. +1% in 2Q... More
