Morgan Stanley says Paccar (PCAR) reported “mixed” Q3 results, but the firm expects a negative stock move as debate continues on whether margins are bottoming as the Q3 margin miss “raises concerns.” The firm has an Equal Weight rating and $90 price target on Paccar shares.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCAR: