UBS raised the firm’s price target on Paccar (PCAR) to $103 from $100 and keeps a Neutral rating on the shares. While Q3 missed estimates, Paccar is guiding for higher a Class 8 market in 2026, the analyst tells investors in a research note.
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Read More on PCAR:
- Paccar price target raised to $108 from $103 at JPMorgan
- Paccar upgraded to Peer Perform from Underperform at Wolfe Research
- PACCAR Reports Strong Parts Revenue Amid Earnings Decline
- PACCAR’s Earnings Call: Strong Results Amid Tariff Challenges
- Paccar says feels ‘well positioned’ heading into next year
