Paccar upgraded to Neutral from Sell by UBS, PT raised to $100.

Paccar upgraded to Neutral from Sell by UBS, PT raised to $100.

PACCAR Inc. (NASDAQ: PCAR) received a significant upgrade from UBS Group, which increased its rating from "sell" to "neutral" in a recent report. The brokerage also raised its price target on the stock to $100.00, indicating a potential upside of 1.44% from the current price [1].

This upgrade comes amidst a flurry of analyst activity surrounding PACCAR. Evercore ISI recently set an "outperform" rating on the stock with a target price of $115.00, while Morgan Stanley downgraded PACCAR from "overweight" to "equal weight" with a $96.00 price target. Truist Financial and Royal Bank of Canada also adjusted their target prices and ratings, with Truist lowering its target to $104.00 and Royal Bank cutting it to $97.00. Wall Street Zen, however, maintained a "sell" rating on the stock [1].

Analysts' consensus currently points to an average rating of "hold" and an average target price of $106.59. Despite the mixed sentiment, PACCAR's latest earnings report showed strong performance, with the company reporting $1.37 earnings per share (EPS) for the quarter, beating analysts' expectations by $0.09. The company's net margin and return on equity also stood at 10.73% and 20.79%, respectively [1].

Insider activity and institutional ownership also reflect a positive sentiment. Director Pierre R. Breber recently acquired 5,000 shares of PACCAR, increasing his ownership by 62.38%. Institutional investors and hedge funds collectively own 64.90% of the company's stock [1].

PACCAR's recent upgrades and positive earnings suggest a potential recovery in its stock price. However, investors should continue to monitor the company's performance and analyst ratings before making investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/paccar-nasdaqpcar-rating-increased-to-neutral-at-ubs-group-2025-07-23/