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PACCAR Inc. (NASDAQ:PCAR) Receives Consensus Rating of "Hold" from Brokerages
PACCAR Inc. (NASDAQ:PCAR) has received a consensus “Hold” rating from brokerages, with 11 out of 16 analysts recommending a hold, alongside four “buy” and one “strong buy” rating. The average 12-month price target is $116.18, aligning closely with its recent share price of $115. The company recently reported revenues of $6.82 billion, beating estimates despite a 15.1% year-over-year decline, and an EPS of $1.06, which met consensus estimates.