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Bernstein Sticks to Its Buy Rating for Paccar (PCAR)

Tipranks - Tipranks - Mon Jun 29, 7:48PM CDT

In a report released today, Chad Dillard from Bernstein maintained a Buy rating on Paccar, with a price target of $138.00.

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Dillard covers the Industrials sector, focusing on stocks such as Cummins, Caterpillar, and Paccar. According to TipRanks, Dillard has an average return of 10.4% and a 65.29% success rate on recommended stocks.

Paccar has an analyst consensus of Moderate Buy, with a price target consensus of $132.11.

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Based on Paccar’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.23 billion and a net profit of $605.3 million. In comparison, last year the company earned a revenue of $7.44 billion and had a net profit of $505.1 million

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