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Paccar double downgraded at BofA Securities on downbeat outlook in a post-COVID-19 vaccine world

By: MarketWatch

November 20, 2020 at 12:53 PM EST

Shares of Paccar Inc. fell Friday, after BofA Securities analyst Ross Gilardi did an about-face on the truck maker, recommending investors sell on the belief truck stocks could lag in a post-COVID-19 vaccine world.

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Paccar double downgraded at BofA Securities on downbeat outlook in a post-COVID-19 vaccine world

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