BofA analyst Ross Gilardi raised the price target on Paccar to $108 from $92 and keeps an Underperform rating on the shares. Paccar reported a strong Q4 with $2.64, 14% ahead of BofA driven by better than expected deliveries, gross margin, and other income, the firm tells investors in a research note on Friday.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PCAR: