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      BNP Paribas Initiates Coverage of PACCAR with Neutral Rating

      BNP Paribas has begun coverage of PACCAR Inc, assigning the company a Neutral rating and establishing a price target of $126 per share. This decision comes as the firm notes a positive trend in order momentum for European trucks, indicating potential growth in that market segment.

      PACCAR Inc, which trades on NASDAQ under the ticker PCAR, is recognized as one of the 13 NASDAQ stocks offering the highest dividends. The company's performance and outlook have garnered attention as it navigates the evolving landscape of the trucking industry.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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