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.
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:
- 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