McAdams Wright Ragen Downgrades PACCAR (PCAR) to Sell
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
Go back to McAdams Wright Ragen Downgrades PACCAR (PCAR) to Sell
July 24, 2013 1:43 PM EDT
Jefferies 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
July 24, 2013 6:54 AM EDT
Wells 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
July 24, 2013 6:46 AM EDT
Piper 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
July 23, 2013 8:01 AM EDT
Paccar, 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
