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Fly News Breaks for August 17, 2018
ETN, ALSN, NAV, CMI, PCAR
Aug 17, 2018 | 09:34 EDT
JPMorgan analyst Ann Duignan said ACT Research reported North American Class 8 retail sales of 25,839 units in July, up 27% year-over-year. Net orders were 52,629 units, representing the strongest monthly orders on record, and builds were 31,039 units, Duignan wrote in a note to investors.
News For PCAR;CMI;NAV;ALSN;ETN From the Last 2 Days
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Apr 15, 2024 | 06:18 EDT
JPMorgan raised the firm's price target on Allison Transmission to $78 from $70 and keeps a Neutral rating on the shares as part of a Q1 earnings preview the trucks group. The firm is positive into the print and raised estimates across the board. The cohort from the last Class 8 cycle peak is entering the replacement age, and demand remains resilient among less than truckload operators, the analyst tells investors in a research note.
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