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Recommendations
Paccar price target raised to $87 from $72 at Credit Suisse » 08:53
07/22/20
07/22
08:53
07/22/20
08:53
PCAR

Paccar

$83.54 /

+3.87 (+4.86%)

Credit Suisse analyst…

Credit Suisse analyst Jamie Cook raised the firm's price target on Paccar to $87 from $72 and keeps a Neutral rating on the shares. The analyst notes that the company reported a strong earnings beat and looking ahead to the third quarter, Paccar expects production to be up sequentially, although not quantified, with Q3 deliveries more comparable to Q1 levels.

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PCAR Paccar
$83.54 /

+3.87 (+4.86%)

PCAR Paccar
$83.54 /

+3.87 (+4.86%)

07/22/20 JPMorgan
Paccar price target raised to $92 from $80 at JPMorgan
07/22/20 Deutsche Bank
Paccar price target raised to $108 from $95 at Deutsche Bank
07/20/20 Wells Fargo
Paccar price target raised to $92 from $80 at Wells Fargo
07/16/20 OTR Global
Paccar upgraded to Mixed from Negative at OTR Global
PCAR Paccar
$83.54 /

+3.87 (+4.86%)

PCAR Paccar
$83.54 /

+3.87 (+4.86%)

Recommendations
Paccar price target raised to $92 from $80 at JPMorgan » 08:24
07/22/20
07/22
08:24
07/22/20
08:24
PCAR

Paccar

$83.54 /

+3.87 (+4.86%)

JPMorgan analyst Ann…

JPMorgan analyst Ann Duignan raised the firm's price target on Paccar to $92 from $80 and keeps an Overweight rating on the shares following the company's Q2 results. Improving truck volumes and parts sales will support gross margins going forward, Duignan tells investors in a research note.

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PCAR Paccar
$83.54 /

+3.87 (+4.86%)

PCAR Paccar
$83.54 /

+3.87 (+4.86%)

07/22/20 Deutsche Bank
Paccar price target raised to $108 from $95 at Deutsche Bank
07/20/20 Wells Fargo
Paccar price target raised to $92 from $80 at Wells Fargo
07/16/20 OTR Global
Paccar upgraded to Mixed from Negative at OTR Global
07/01/20 JPMorgan
Paccar price target raised to $80 from $77 at JPMorgan
PCAR Paccar
$83.54 /

+3.87 (+4.86%)

PCAR Paccar
$83.54 /

+3.87 (+4.86%)

Recommendations
Paccar price target raised to $108 from $95 at Deutsche Bank » 07:59
07/22/20
07/22
07:59
07/22/20
07:59
PCAR

Paccar

$83.54 /

+3.87 (+4.86%)

Deutsche Bank analyst…

Deutsche Bank analyst Nicole DeBlase raised the firm's price target on Paccar to $108 from $95 and keeps a Buy rating on the shares. The analyst sees "upward momentum" to consensus earnings forecasts following the company's Q2 beat.

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PCAR Paccar
$83.54 /

+3.87 (+4.86%)

PCAR Paccar
$83.54 /

+3.87 (+4.86%)

07/20/20 Wells Fargo
Paccar price target raised to $92 from $80 at Wells Fargo
07/16/20 OTR Global
Paccar upgraded to Mixed from Negative at OTR Global
07/01/20 JPMorgan
Paccar price target raised to $80 from $77 at JPMorgan
07/01/20 Deutsche Bank
Paccar resumed with a Buy at Deutsche Bank
PCAR Paccar
$83.54 /

+3.87 (+4.86%)

PCAR Paccar
$83.54 /

+3.87 (+4.86%)

Earnings
Paccar reports Q2 EPS 43c, consensus 31c » 08:16
07/21/20
07/21
08:16
07/21/20
08:16
PCAR

Paccar

$79.67 /

+0.26 (+0.33%)

Reports Q2 revenue…

Reports Q2 revenue $3.06B, consensus $2.88B. "PACCAR achieved good quarterly revenues and net income in the second quarter of 2020," said Preston Feight, CEO. "PACCAR closed its factories for five weeks at the beginning of the quarter and has gradually resumed production while enhancing operating processes and procedures for employee health and well-being, manufacturing efficiency and customer satisfaction. I am very proud of our outstanding employees who delivered excellent production and distribution performance while enhancing PACCAR's rigorous health and safety standards."

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PCAR Paccar
$79.67 /

+0.26 (+0.33%)

PCAR Paccar
$79.67 /

+0.26 (+0.33%)

07/20/20 Wells Fargo
Paccar price target raised to $92 from $80 at Wells Fargo
07/16/20 OTR Global
Paccar upgraded to Mixed from Negative at OTR Global
07/01/20 JPMorgan
Paccar price target raised to $80 from $77 at JPMorgan
07/01/20 Deutsche Bank
Paccar resumed with a Buy at Deutsche Bank
PCAR Paccar
$79.67 /

+0.26 (+0.33%)

PCAR Paccar
$79.67 /

+0.26 (+0.33%)

Recommendations
Paccar price target raised to $92 from $80 at Wells Fargo » 07:52
07/20/20
07/20
07:52
07/20/20
07:52
PCAR

Paccar

$79.41 /

-0.035 (-0.04%)

Wells Fargo analyst…

Wells Fargo analyst Andrew Casey raised the firm's price target on Paccar to $92 from $80 ahead of quarterly results. The analyst keeps an Overweight rating on the shares on potential cyclical end market growth and cycle-to-cycle return improvement.

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PCAR Paccar
$79.41 /

-0.035 (-0.04%)

PCAR Paccar
$79.41 /

-0.035 (-0.04%)

07/16/20 OTR Global
Paccar upgraded to Mixed from Negative at OTR Global
07/01/20 JPMorgan
Paccar price target raised to $80 from $77 at JPMorgan
07/01/20 Deutsche Bank
Paccar resumed with a Buy at Deutsche Bank
06/17/20 JPMorgan
North America Class 8 retail sales down 61% in May, says JPMorgan
PCAR Paccar
$79.41 /

-0.035 (-0.04%)

PCAR Paccar
$79.41 /

-0.035 (-0.04%)

Upgrade
Paccar upgraded to Mixed from Negative at OTR Global » 09:32
07/16/20
07/16
09:32
07/16/20
09:32
PCAR

Paccar

$78.73 /

+1.67 (+2.17%)

OTR Global upgraded…

OTR Global upgraded Paccar to Mixed from Negative following checks that indicate Western European Q2 heavy-duty truck orders and the 2020 sales outlook are less negative than expected.

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PCAR Paccar
$78.73 /

+1.67 (+2.17%)

PCAR Paccar
$78.73 /

+1.67 (+2.17%)

07/01/20 JPMorgan
Paccar price target raised to $80 from $77 at JPMorgan
07/01/20 Deutsche Bank
Paccar resumed with a Buy at Deutsche Bank
06/17/20 JPMorgan
North America Class 8 retail sales down 61% in May, says JPMorgan
05/12/20 Piper Sandler
Paccar downgraded to Neutral from Overweight at Piper Sandler
PCAR Paccar
$78.73 /

+1.67 (+2.17%)

PCAR Paccar
$78.73 /

+1.67 (+2.17%)

Over a month ago
Recommendations
Paccar price target raised to $80 from $77 at JPMorgan » 09:06
07/01/20
07/01
09:06
07/01/20
09:06
PCAR

Paccar

$75.00 /

+1.38 (+1.87%)

, CMI

Cummins

$173.46 /

+0.545 (+0.32%)

, ALSN

Allison Transmission

$36.78 /

-0.055 (-0.15%)

JPMorgan analyst Ann…

JPMorgan analyst Ann Duignan raised the firm's price target on Paccar (PCAR) to $80 from $77 and keeps an Overweight rating on the shares. The California Air Resources Board last week approved the first statewide zero-emission commercial truck requirement, the Advanced Clean Trucks rule, Duignan tells investors in a research note. By 2045, every new truck sold in California will have to be zero-emission, adds the analyst. Paccar and Cummins (CMI) are positioned as winners while Allison Transmission (ALSN) stands to lose most as it faces increasing demand headwinds for its core products and growing competition for its alternative drivetrain solutions, says Duignan.

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PCAR Paccar
$75.00 /

+1.38 (+1.87%)

CMI Cummins
$173.46 /

+0.545 (+0.32%)

ALSN Allison Transmission
$36.78 /

-0.055 (-0.15%)

PCAR Paccar
$75.00 /

+1.38 (+1.87%)

07/01/20 Deutsche Bank
Paccar resumed with a Buy at Deutsche Bank
06/17/20 JPMorgan
North America Class 8 retail sales down 61% in May, says JPMorgan
05/12/20 Piper Sandler
Paccar downgraded to Neutral from Overweight at Piper Sandler
05/07/20 Longbow
Navistar likely to beat near-term expectations, says Longbow
CMI Cummins
$173.46 /

+0.545 (+0.32%)

07/01/20 JPMorgan
Cummins price target raised to $171 from $145 at JPMorgan
07/01/20 Deutsche Bank
Cummins resumed with a Hold at Deutsche Bank
05/12/20 Piper Sandler
Cummins downgraded to Neutral from Overweight at Piper Sandler
ALSN Allison Transmission
$36.78 /

-0.055 (-0.15%)

07/01/20 BofA
BofA makes 14 additions, four deletions from US 1 list
04/20/20 Citi
Allison Transmission downgraded to Neutral from Buy at Citi
PCAR Paccar
$75.00 /

+1.38 (+1.87%)

CMI Cummins
$173.46 /

+0.545 (+0.32%)

ALSN Allison Transmission
$36.78 /

-0.055 (-0.15%)

CMI Cummins
$173.46 /

+0.545 (+0.32%)

PCAR Paccar
$75.00 /

+1.38 (+1.87%)

Initiation
Paccar resumed with a Buy at Deutsche Bank » 06:48
07/01/20
07/01
06:48
07/01/20
06:48
PCAR

Paccar

$75.00 /

+1.38 (+1.87%)

Deutsche Bank analyst…

Deutsche Bank analyst Nicole DeBlase resumed coverage of Paccar with a Buy rating and $91 price target. The analyst resumed coverage of the U.S. Machinery industry with Buy ratings on four and Hold ratings on five. At this point in the cycle, Deblase does not see "significant alpha generation opportunity" through outright Sell ratings within this group.

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PCAR Paccar
$75.00 /

+1.38 (+1.87%)

PCAR Paccar
$75.00 /

+1.38 (+1.87%)

06/17/20 JPMorgan
North America Class 8 retail sales down 61% in May, says JPMorgan
05/12/20 Piper Sandler
Paccar downgraded to Neutral from Overweight at Piper Sandler
05/07/20 Longbow
Navistar likely to beat near-term expectations, says Longbow
04/20/20 Citi
Paccar upgraded to Buy from Neutral at Citi
PCAR Paccar
$75.00 /

+1.38 (+1.87%)

PCAR Paccar
$75.00 /

+1.38 (+1.87%)

Hot Stocks
EU commercial vehicle registrations down 44.4% in May » 08:16
06/24/20
06/24
08:16
06/24/20
08:16
DDAIF

Daimler AG

$0.00 /

+ (+0.00%)

, PCAR

Paccar

$74.75 /

+0.04 (+0.05%)

, CNHI

CNH Industrial

$7.13 /

+0.01 (+0.14%)

, NAV

Navistar

$26.78 /

-0.405 (-1.49%)

, CMI

Cummins

$172.30 /

+0.23 (+0.13%)

, ALSN

Allison Transmission

$36.88 /

+0.18 (+0.49%)

In May, EU commercial…

In May, EU commercial vehicle registrations decreased by 44.4%, although the decline was less pronounced than in April as measures to contain COVID-19 were relaxed, reported the European Automobile Manufacturers Association. Demand fell across all commercial vehicle segments, contributing to the sharp decline recorded last month. Looking at the four largest markets of the EU, Spain and Germany saw the biggest losses in May, followed by Italy and France, 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). Reference Link

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PCAR Paccar
$74.75 /

+0.04 (+0.05%)

NAV Navistar
$26.78 /

-0.405 (-1.49%)

DDAIF Daimler AG
$0.00 /

+ (+0.00%)

CNHI CNH Industrial
$7.13 /

+0.01 (+0.14%)

CMI Cummins
$172.30 /

+0.23 (+0.13%)

ALSN Allison Transmission
$36.88 /

+0.18 (+0.49%)

DDAIF Daimler AG
$0.00 /

+ (+0.00%)

06/18/20 Jefferies
Daimler AG price target raised to EUR 46 from EUR 40 at Jefferies
06/17/20 Kepler Cheuvreux
Daimler AG downgraded to Hold from Buy at Kepler Cheuvreux
06/16/20 BofA
Daimler AG upgraded to Buy from Neutral at BofA
05/28/20 Santander
Daimler AG upgraded to Buy from Hold at Grupo Santander
PCAR Paccar
$74.75 /

+0.04 (+0.05%)

06/17/20 JPMorgan
North America Class 8 retail sales down 61% in May, says JPMorgan
05/12/20 Piper Sandler
Paccar downgraded to Neutral from Overweight at Piper Sandler
05/07/20 Longbow
Navistar likely to beat near-term expectations, says Longbow
04/20/20 Citi
Paccar upgraded to Buy from Neutral at Citi
CNHI CNH Industrial
$7.13 /

+0.01 (+0.14%)

06/22/20 JPMorgan
CNH Industrial price target raised to $8 from $6.50 at JPMorgan
04/20/20 OTR Global
Farm Equipment Manufacturers downgraded to Negative at OTR Global
04/13/20 BofA
CNH Industrial downgraded to Underperform from Neutral at BofA
03/30/20 Goldman Sachs
CNH Industrial removed from Conviction List at Goldman Sachs
NAV Navistar
$26.78 /

-0.405 (-1.49%)

06/05/20
Fly Intel: Top five analyst upgrades
06/05/20 Loop Capital
Navistar upgraded to Buy from Hold at Loop Capital
06/05/20 Baird
Navistar upgraded to Outperform from Neutral at Baird
CMI Cummins
$172.30 /

+0.23 (+0.13%)

05/12/20 Piper Sandler
Cummins downgraded to Neutral from Overweight at Piper Sandler
05/07/20 Wells Fargo
Cummins price target raised to $190 from $180 at Wells Fargo
ALSN Allison Transmission
$36.88 /

+0.18 (+0.49%)

04/20/20 Citi
Allison Transmission downgraded to Neutral from Buy at Citi
PCAR Paccar
$74.75 /

+0.04 (+0.05%)

NAV Navistar
$26.78 /

-0.405 (-1.49%)

DDAIF Daimler AG
$0.00 /

+ (+0.00%)

CNHI CNH Industrial
$7.13 /

+0.01 (+0.14%)

CMI Cummins
$172.30 /

+0.23 (+0.13%)

ALSN Allison Transmission
$36.88 /

+0.18 (+0.49%)

PCAR Paccar
$74.75 /

+0.04 (+0.05%)

NAV Navistar
$26.78 /

-0.405 (-1.49%)

DDAIF Daimler AG
$0.00 /

+ (+0.00%)

CMI Cummins
$172.30 /

+0.23 (+0.13%)

PCAR Paccar
$74.75 /

+0.04 (+0.05%)

NAV Navistar
$26.78 /

-0.405 (-1.49%)

DDAIF Daimler AG
$0.00 /

+ (+0.00%)

CNHI CNH Industrial
$7.13 /

+0.01 (+0.14%)

Recommendations
North America Class 8 retail sales down 61% in May, says JPMorgan » 09:30
06/17/20
06/17
09:30
06/17/20
09:30
NAV

Navistar

$26.81 /

+0.39 (+1.48%)

, PCAR

Paccar

$74.53 /

+0.83 (+1.13%)

, CMI

Cummins

$171.08 /

+2.33 (+1.38%)

, ALSN

Allison Transmission

$37.74 /

+0.295 (+0.79%)

ACT Research released…

ACT Research released final truck data for May and North America Class 8 retail sales were down 61% year-over-year to 11,717 units in May and down 39% year-to-date, JPMorgan analyst Ann Duignan tells investors in a research note. Builds were down 79% year-over-year to 6,789 units in the month and down 54% year-to-date, the analyst adds. Duignan says truck demand has the largest incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI) and Allison Transmission (ALSN).

ShowHide Related Items >><<
PCAR Paccar
$74.53 /

+0.83 (+1.13%)

NAV Navistar
$26.81 /

+0.39 (+1.48%)

CMI Cummins
$171.08 /

+2.33 (+1.38%)

ALSN Allison Transmission
$37.74 /

+0.295 (+0.79%)

NAV Navistar
$26.81 /

+0.39 (+1.48%)

06/05/20
Fly Intel: Top five analyst upgrades
06/05/20 Loop Capital
Navistar upgraded to Buy from Hold at Loop Capital
06/05/20 Baird
Navistar upgraded to Outperform from Neutral at Baird
06/05/20 Loop Capital
Navistar upgraded to Buy from Hold at Loop Capital
PCAR Paccar
$74.53 /

+0.83 (+1.13%)

05/12/20 Piper Sandler
Paccar downgraded to Neutral from Overweight at Piper Sandler
05/07/20 Longbow
Navistar likely to beat near-term expectations, says Longbow
04/20/20 Citi
Paccar upgraded to Buy from Neutral at Citi
04/17/20 JPMorgan
Truck cancellation rate in March hits high at 43%, says JPMorgan
CMI Cummins
$171.08 /

+2.33 (+1.38%)

05/12/20 Piper Sandler
Cummins downgraded to Neutral from Overweight at Piper Sandler
05/07/20 Wells Fargo
Cummins price target raised to $190 from $180 at Wells Fargo
04/30/20 BMO Capital
Cummins price target raised to $150 from $130 at BMO Capital
ALSN Allison Transmission
$37.74 /

+0.295 (+0.79%)

04/20/20 Citi
Allison Transmission downgraded to Neutral from Buy at Citi
04/20/20 Goldman Sachs
Allison Transmission upgraded to Buy from Neutral at Goldman Sachs
PCAR Paccar
$74.53 /

+0.83 (+1.13%)

NAV Navistar
$26.81 /

+0.39 (+1.48%)

CMI Cummins
$171.08 /

+2.33 (+1.38%)

ALSN Allison Transmission
$37.74 /

+0.295 (+0.79%)

NAV Navistar
$26.81 /

+0.39 (+1.48%)

CMI Cummins
$171.08 /

+2.33 (+1.38%)

PCAR Paccar
$74.53 /

+0.83 (+1.13%)

NAV Navistar
$26.81 /

+0.39 (+1.48%)

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