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Recommendations
Paccar price target raised to $100 from $90 at BMO Capital » 07:50
02/01/23
02/01
07:50
02/01/23
07:50
PCAR

Paccar

$109.28 /

+0.55 (+0.51%)

BMO Capital analyst John…

BMO Capital analyst John Joyner raised the firm's price target on Paccar to $100 from $90 but keeps a Market Perform rating on the shares. The analyst cites the company's better-than-expected results in Q4, easing supply-chain tightness, and management's positive statements around gross profitability and industry assumptions for 2023. The firm adds however that many of Paccar's strong attributes are already captured in its stock, which has been "resilient over the past year".

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PCAR Paccar
$109.28 /

+0.55 (+0.51%)

PCAR Paccar
$109.28 /

+0.55 (+0.51%)

01/29/23 BofA
Paccar price target raised to $108 from $92 at BofA
01/25/23 Credit Suisse
Paccar price target raised to $112 from $105 at Credit Suisse
01/25/23 Raymond James
Paccar price target raised to $130 from $120 at Raymond James
01/24/23 Baird
Mayville Engineering price target raised to $19 from $15 at Baird
PCAR Paccar
$109.28 /

+0.55 (+0.51%)

PCAR Paccar
$109.28 /

+0.55 (+0.51%)

PCAR Paccar
$109.28 /

+0.55 (+0.51%)

PCAR Paccar
$109.28 /

+0.55 (+0.51%)

Sunday
Recommendations
Paccar price target raised to $108 from $92 at BofA » 15:16
01/29/23
01/29
15:16
01/29/23
15:16
PCAR

Paccar

$110.63 /

-1.59 (-1.42%)

BofA analyst Ross Gilardi…

BofA analyst Ross Gilardi raised the price target on Paccar to $108 from $92 and keeps an Underperform rating on the shares. Paccar reported a strong Q4 with $2.64, 14% ahead of BofA driven by better than expected deliveries, gross margin, and other income, the firm tells investors in a research note on Friday.

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PCAR Paccar
$110.63 /

-1.59 (-1.42%)

PCAR Paccar
$110.63 /

-1.59 (-1.42%)

01/25/23 Credit Suisse
Paccar price target raised to $112 from $105 at Credit Suisse
01/25/23 Raymond James
Paccar price target raised to $130 from $120 at Raymond James
01/24/23 Baird
Mayville Engineering price target raised to $19 from $15 at Baird
01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
PCAR Paccar
$110.63 /

-1.59 (-1.42%)

PCAR Paccar
$110.63 /

-1.59 (-1.42%)

PCAR Paccar
$110.63 /

-1.59 (-1.42%)

PCAR Paccar
$110.63 /

-1.59 (-1.42%)

Over a week ago
Recommendations
Paccar price target raised to $112 from $105 at Credit Suisse » 08:38
01/25/23
01/25
08:38
01/25/23
08:38
PCAR

Paccar

$111.05 /

+8.77 (+8.57%)

Credit Suisse analyst…

Credit Suisse analyst Jamie Cook raised the firm's price target on Paccar to $112 from $105 and keeps a Neutral rating on the shares. The firm notes Paccar's stock closed up nearly 9% after reporting a record quarter on sales, margins, earnings and incremental margins all far surpassing street expectations.

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PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

01/25/23 Raymond James
Paccar price target raised to $130 from $120 at Raymond James
01/24/23 Baird
Mayville Engineering price target raised to $19 from $15 at Baird
01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

Hot Stocks
EU commercial vehicle registrations down 5.1% in December » 08:11
01/25/23
01/25
08:11
01/25/23
08:11
DDAIF

Mercedes-Benz Group

/

+

, PCAR

Paccar

$111.05 /

+8.77 (+8.57%)

, CNHI

CNH Industrial

$17.20 /

+0.065 (+0.38%)

, NAV

Navistar

$44.50 /

+ (+0.00%)

, CMI

Cummins

$247.96 /

+5.03 (+2.07%)

, ALSN

Allison Transmission

$43.69 /

+1.14 (+2.68%)

In December, new…

In December, new commercial vehicle registrations in the EU retreated by 5.1%, as component shortages continued to weigh on vehicle availability, reported the European Automobile Manufacturers Association. "All vehicle segments performed worse than in December 2021, contributing to the overall negative result. During the month, the performance of the four major markets was mixed," the group said. Publicly traded truck makers and suppliers include Daimler AG (DDAIF), Paccar (PCAR), CNH Industrial (CNHI), Navistar (NAV), Cummins (CMI) and Allison Transmission (ALSN).

ShowHide Related Items >><<
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

NAV Navistar
$44.50 /

+ (+0.00%)

DDAIF Mercedes-Benz Group
/

+

CNHI CNH Industrial
$17.20 /

+0.065 (+0.38%)

CMI Cummins
$247.96 /

+5.03 (+2.07%)

ALSN Allison Transmission
$43.69 /

+1.14 (+2.68%)

DDAIF Mercedes-Benz Group
/

+

07/29/22 RBC Capital
Mercedes-Benz Group price target raised to EUR 90 from EUR 89 at RBC Capital
07/07/22 UBS
Mercedes-Benz Group price target lowered to EUR 80 from EUR 90 at UBS
05/18/22 Exane BNP Paribas
Tesla gets price target cut after losing Exane's 'EV World Cup'
05/17/22 Bernstein
Mercedes-Benz Group initiated with an Outperform at Bernstein
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

01/25/23 Raymond James
Paccar price target raised to $130 from $120 at Raymond James
01/24/23 Baird
Mayville Engineering price target raised to $19 from $15 at Baird
01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
CNHI CNH Industrial
$17.20 /

+0.065 (+0.38%)

01/13/23 Barclays
CNH Industrial price target raised to $20 from $17 at Barclays
01/12/23 JPMorgan
CNH Industrial downgraded to Neutral on valuation at JPMorgan
01/12/23 JPMorgan
CNH Industrial downgraded to Neutral from Overweight at JPMorgan
01/09/23 Deutsche Bank
CNH Industrial named short-term buy idea at Deutsche Bank
NAV Navistar
$44.50 /

+ (+0.00%)

12/07/22 BofA
TuSimple price target lowered to $1 from $2.50 at BofA
CMI Cummins
$247.96 /

+5.03 (+2.07%)

10/13/22 Deutsche Bank
Cummins price target raised to $225 from $221 at Deutsche Bank
08/18/22 JPMorgan
Cummins reinstated with a Neutral at JPMorgan
08/16/22 Citi
Cummins price target raised to $265 from $220 at Citi
08/03/22 Credit Suisse
Cummins price target raised to $266 from $249 at Credit Suisse
ALSN Allison Transmission
$43.69 /

+1.14 (+2.68%)

07/12/22 JPMorgan
Allison Transmission price target lowered to $39 from $41 at JPMorgan
04/12/22 Citi
Allison Transmission price target lowered to $39 from $41 at Citi
02/22/22 Credit Suisse
Allison Transmission downgraded to Neutral from Outperform at Credit Suisse
02/17/22 Goldman Sachs
Allison Transmission price target raised to $38 from $35 at Goldman Sachs
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

DDAIF Mercedes-Benz Group
/

+

CNHI CNH Industrial
$17.20 /

+0.065 (+0.38%)

CMI Cummins
$247.96 /

+5.03 (+2.07%)

ALSN Allison Transmission
$43.69 /

+1.14 (+2.68%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

DDAIF Mercedes-Benz Group
/

+

CNHI CNH Industrial
$17.20 /

+0.065 (+0.38%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

DDAIF Mercedes-Benz Group
/

+

CNHI CNH Industrial
$17.20 /

+0.065 (+0.38%)

CMI Cummins
$247.96 /

+5.03 (+2.07%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

Recommendations
Paccar price target raised to $130 from $120 at Raymond James » 07:16
01/25/23
01/25
07:16
01/25/23
07:16
PCAR

Paccar

$111.05 /

+8.77 (+8.57%)

Raymond James analyst…

Raymond James analyst Felix Boeschen raised the firm's price target on Paccar to $130 from $120 and keeps a Strong Buy rating on the shares. Paccar shares represent a compelling way to play "offense" and "defense," particularly with shares trading below its long-term historical average, the analyst tells investors in a research note. The firm sees the continued adoption of its internal powertrain key as it sets the stage for a highly idiosyncratic, high margin, and less cyclical parts revenue stream, slated to accelerate meaningfully from 2023-2027.

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PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

01/24/23 Baird
Mayville Engineering price target raised to $19 from $15 at Baird
01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

Recommendations
Mayville Engineering price target raised to $19 from $15 at Baird » 16:44
01/24/23
01/24
16:44
01/24/23
16:44
MEC

Mayville Engineering

$14.75 /

+1.49 (+11.24%)

, PCAR

Paccar

$111.05 /

+8.77 (+8.57%)

Baird analyst Mircea…

Baird analyst Mircea Dobre raised the firm's price target on Mayville Engineering (MEC) to $19 from $15 and keeps an Outperform rating on the shares. The analyst states that today's earnings beat from Paccar (PCAR), Mayville's "key customer", coupled with several recent data points in Ag and Construction verticals all point to higher production rates in 2023. Baird believes that Mayville Engineering shares will continue moving higher amid higher growth and margin expansion due to "much improved" free cash flow generation.

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PCAR Paccar
$111.05 /

+8.77 (+8.57%)

MEC Mayville Engineering
$14.75 /

+1.49 (+11.24%)

12/09/22 Citi
Mayville Engineering price target raised to $18 from $12 at Citi
11/03/22 Baird
Mayville Engineering upgraded to Outperform from Neutral at Baird
10/10/22 Citi
Mayville Engineering price target lowered to $12 from $13 at Citi
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
12/15/22 Raymond James
Paccar price target raised to $120 from $105 at Raymond James
PCAR Paccar
$111.05 /

+8.77 (+8.57%)

MEC Mayville Engineering
$14.75 /

+1.49 (+11.24%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

PCAR Paccar
$111.05 /

+8.77 (+8.57%)

MEC Mayville Engineering
$14.75 /

+1.49 (+11.24%)

Hot Stocks
Paccar sees 2023 as 'steady and strong' throughout » 12:24
01/24/23
01/24
12:24
01/24/23
12:24
PCAR

Paccar

$106.90 /

+4.62 (+4.52%)

Comments taken from Q4…

Comments taken from Q4 earnings conference call.

ShowHide Related Items >><<
PCAR Paccar
$106.90 /

+4.62 (+4.52%)

PCAR Paccar
$106.90 /

+4.62 (+4.52%)

01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
12/15/22 Raymond James
Paccar price target raised to $120 from $105 at Raymond James
PCAR Paccar
$106.90 /

+4.62 (+4.52%)

PCAR Paccar
$106.90 /

+4.62 (+4.52%)

PCAR Paccar
$106.90 /

+4.62 (+4.52%)

PCAR Paccar
$106.90 /

+4.62 (+4.52%)

Options
Early notable gainers among liquid option names on January 24th » 09:55
01/24/23
01/24
09:55
01/24/23
09:55
PCAR

Paccar

$104.58 /

+2.3 (+2.25%)

, NOC

Northrop Grumman

$451.50 /

+0.6 (+0.13%)

, NCLH

Norwegian Cruise Line

$15.39 /

-0.125 (-0.81%)

, LUMN

Lumen

$5.10 /

-0.04 (-0.78%)

, FTNT

Fortinet

$50.55 /

+0.02 (+0.04%)

Notable gainers among…

Notable gainers among liquid option names this morning include PACCAR (PCAR) $105.88 +3.62, Northrop Grumman (NOC) $461.81 +10.94, Norwegian Cruise Lines (NCLH) $15.84 +0.32, Lumen Technologies (LUMN) $5.25 +0.10, and Fortinet (FTNT) $51.48 +0.97.

ShowHide Related Items >><<
PCAR Paccar
$104.58 /

+2.3 (+2.25%)

NOC Northrop Grumman
$451.50 /

+0.6 (+0.13%)

NCLH Norwegian Cruise Line
$15.39 /

-0.125 (-0.81%)

LUMN Lumen
$5.10 /

-0.04 (-0.78%)

FTNT Fortinet
$50.55 /

+0.02 (+0.04%)

PCAR Paccar
$104.58 /

+2.3 (+2.25%)

01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
12/15/22 Raymond James
Paccar price target raised to $120 from $105 at Raymond James
NOC Northrop Grumman
$451.50 /

+0.6 (+0.13%)

01/18/23 Wells Fargo
Northrop Grumman price target lowered to $460 from $575 at Wells Fargo
01/17/23 Cowen
Northrop Grumman price target lowered to $500 from $570 at Cowen
01/13/23 Goldman Sachs
Northrop Grumman downgraded to Sell from Neutral at Goldman Sachs
12/15/22 Morgan Stanley
Northrop Grumman price target raised to $626 from $585 at Morgan Stanley
NCLH Norwegian Cruise Line
$15.39 /

-0.125 (-0.81%)

01/10/23 Morgan Stanley
Royal Caribbean upgraded to Equal Weight at Morgan Stanley in cruise shake-up
01/10/23 Morgan Stanley
Norwegian Cruise assumed with Underweight from Equal Weight at Morgan Stanley
12/15/22 Stifel
Stifel still sees Norwegian guide to 'positively surprise' despite staffing news
12/12/22 UBS
Norwegian Cruise Line downgraded to Neutral at UBS after outperformance
LUMN Lumen
$5.10 /

-0.04 (-0.78%)

12/06/22 Goldman Sachs
Lumen reinstated with a Neutral at Goldman Sachs
11/14/22 Wells Fargo
Dycom price target lowered to $120 from $130 at Wells Fargo
11/03/22 UBS
Lumen price target lowered to $7 from $11 at UBS
10/20/22 RBC Capital
Lumen price target lowered to $6 from $11 at RBC Capital
FTNT Fortinet
$50.55 /

+0.02 (+0.04%)

01/24/23 JPMorgan
Fortinet initiated with an Overweight at JPMorgan
01/23/23 Guggenheim
Fortinet initiated with a Neutral at Guggenheim
01/23/23 Deutsche Bank
Fortinet price target lowered to $53 from $63 at Deutsche Bank
01/18/23 Scotiabank
Scotiabank starts 'core holding' Fortinet at Outperform
PCAR Paccar
$104.58 /

+2.3 (+2.25%)

NOC Northrop Grumman
$451.50 /

+0.6 (+0.13%)

NCLH Norwegian Cruise Line
$15.39 /

-0.125 (-0.81%)

LUMN Lumen
$5.10 /

-0.04 (-0.78%)

FTNT Fortinet
$50.55 /

+0.02 (+0.04%)

PCAR Paccar
$104.58 /

+2.3 (+2.25%)

NOC Northrop Grumman
$451.50 /

+0.6 (+0.13%)

FTNT Fortinet
$50.55 /

+0.02 (+0.04%)

PCAR Paccar
$104.58 /

+2.3 (+2.25%)

NOC Northrop Grumman
$451.50 /

+0.6 (+0.13%)

NCLH Norwegian Cruise Line
$15.39 /

-0.125 (-0.81%)

LUMN Lumen
$5.10 /

-0.04 (-0.78%)

FTNT Fortinet
$50.55 /

+0.02 (+0.04%)

PCAR Paccar
$104.58 /

+2.3 (+2.25%)

NOC Northrop Grumman
$451.50 /

+0.6 (+0.13%)

NCLH Norwegian Cruise Line
$15.39 /

-0.125 (-0.81%)

LUMN Lumen
$5.10 /

-0.04 (-0.78%)

FTNT Fortinet
$50.55 /

+0.02 (+0.04%)

Hot Stocks
Paccar jumps 4% to $106.31 after Q4 beat on earnings and revenue  09:08
01/24/23
01/24
09:08
01/24/23
09:08
PCAR

Paccar

$102.25 /

+3.05 (+3.07%)

 
ShowHide Related Items >><<
PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
12/15/22 Raymond James
Paccar price target raised to $120 from $105 at Raymond James
PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

Earnings
Paccar reports Q4 EPS $2.64, consensus $2.21 » 08:05
01/24/23
01/24
08:05
01/24/23
08:05
PCAR

Paccar

$102.25 /

+3.05 (+3.07%)

Reports Q4 revenue…

Reports Q4 revenue $8.13B, consensus $7.11B. "PACCAR is manufacturing the most comprehensive new truck range in its history, including new DAF XG+, XG, XF and XD heavy trucks which were named International Truck of the Year, new Peterbilt 579 and Kenworth T680 heavy-duty trucks that feature major aerodynamic and technology enhancements, and new Kenworth and Peterbilt medium-duty trucks. These vehicles deliver premium quality, excellent fuel efficiency and low operating costs for our customers. PACCAR is also investing in the next generation of products and technologies to further enhance customers' operating efficiency. These investments include Kenworth, Peterbilt and DAF battery electric trucks, hydrogen internal combustion and fuel cell powertrains, enhanced PACCAR Connect telematics solutions, and ongoing development of the PACCAR Autonomous Vehicle Platform," added Feight.

ShowHide Related Items >><<
PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

01/12/23 Credit Suisse
Paccar downgraded to Neutral from Outperform at Credit Suisse
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
01/10/23 Wolfe Research
Paccar downgraded to Underperform from Peer Perform at Wolfe Research
12/15/22 Raymond James
Paccar price target raised to $120 from $105 at Raymond James
PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

PCAR Paccar
$102.25 /

+3.05 (+3.07%)

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