Paccar Stock Drops 2.11% as Analysts Revise Ratings

On April 3, 2025, Paccar's stock experienced a 2.11% drop in pre-market trading, reflecting a significant shift in investor sentiment.

Several analysts have recently revised their ratings and price targets for Paccar, contributing to the stock's volatility. Jefferies adjusted its price target from $120 to $100, maintaining a hold rating as it reviews the company's financial data and profit revisions. Similarly, Citi lowered its price target from $112 to $105, keeping a neutral rating due to reduced commercial vehicle estimates and broader market uncertainties. UBS Group also downgraded Paccar from a buy rating to a neutral rating, reducing its target price from $124 to $108, reflecting a cautious outlook among analysts regarding the company's future performance.