McAdams Wright Ragen Downgrades PACCAR (PCAR) to Sell
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Jefferies Boosts PT on PACCAR (PCAR) to $66
July 24, 2013 1:43 PM EDTJefferies lifted its price target on Buy-rated PACCAR (NASDAQ: PCAR) from $56 to $66 following solid Q2 results.
"2Q EPS of $0.82 were above our $0.80 estimate and consensus of $0.75. Both sales and EBIT margins were above consensus and should support the improving margin story at PCAR.... More
Wells Fargo Downgrades PACCAR (PCAR) to Market Perform
July 24, 2013 6:54 AM EDTWells Fargo downgraded PACCAR (NASDAQ: PCAR) from Outperform to Market Perform but raised their valuation range to $58-61 from $55-58 following Q2 results.
"We view the stock as close to fair value on our 2014 expectations, given we see limited upside to our 2014 views and... More
Piper Jaffray Downgrades PACCAR (PCAR) to Neutral
July 24, 2013 6:46 AM EDTPiper Jaffray downgraded PACCAR (NASDAQ: PCAR) from Overweight to Neutral with a price target of $56.00.
For an analyst ratings summary and ratings history on PACCAR click here. For more ratings news on PACCAR click here.
Shares of PACCAR closed at $57.25 yesterday, with a 52 week range of $35.44-$60.00.... More
Paccar, Inc. (PCAR) Tops Q2 EPS by 7c, Sales Beat
July 23, 2013 8:01 AM EDTPaccar, Inc. (NASDAQ: PCAR) reported Q2 EPS of $0.82, $0.07 better than the analyst estimate of $0.75. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $3.93 billion.
"PACCAR reported good revenues and net income for the second quarter of 2013," said Mark Pigott,... More
