PACCAR To Generate Over 5% Dividend Yield In 2026, Analyst Sees New Peak EPS
BofA Securities analyst Michael Feniger upgraded PACCAR Inc. (NASDAQ:PCAR) to Buy from Neutral, raising the price forecast to $121.50 from $116. The analyst notes that PACCAR stock underperformed in 2024 due to pricing and production concerns, but projects green shoots in the truck market in 2025, leading to growth in 2026. Per Feniger, PACCAR is […]