PACCAR (PCAR) Tops Q3 EPS by 3c

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Go back to PACCAR (PCAR) Tops Q3 EPS by 3c

Goldman Sachs Reiterates Neutral Rating on PACCAR (PCAR)

October 23, 2024 6:11 AM EDT

Goldman Sachs analyst Jerry Revich reiterated a Neutral rating and $121.00 price target on PACCAR (NASDAQ: PCAR).

The analyst comments "We reduce our 2025-26E EPS estimates by -8% to $7.20/$8.98 from $7.75/$9.79 following 3Q results that revealed (i) higher Truck cost inflation (+3% year-over-year vs. +1% in 2Q... More