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Macquarie sees upside on PACCAR

Jun. 05, 2018 7:15 AM ETPACCAR Inc (PCAR) StockPCARBy: Clark Schultz, SA News Editor
  • Macquarie upgrades PACCAR (NASDAQ:PCAR) to an Outperform rating.
  • The investment firm assigns a price target of $75 on PCAR to rep upside potential.
  • A scan up and down Wall Street by Bloomberg shows 4 buy-equivalent ratings, 19 hold-equivalent ratings and  2 Sell ratings on PACCAR.
  • Shares of PACCAR are up 0.81% in premarket trading to $63.59 vs. a 52-week trading range of $60.36 to $79.69.

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