PACCAR (PCAR) PT Raised to $76 at UBS; Reiterates Buy
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PACCAR Achieves Strong Quarterly Revenues and Profits
July 25, 2017 8:00 AM EDTIncreased Truck Deliveries and Record Aftermarket Parts Revenues Drive Results
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR (Nasdaq: PCAR) achieved strong quarterly revenues and net income in the second quarter of 2017, said Ron Armstrong, chief executive officer. PACCARs financial results reflect increasing North American truck production and market share, strong European truck markets and higher global aftermarket parts sales. I am very proud of our 24,500 employees who have delivered outstanding products and services to our customers.
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