Notable Stock Analyst Upgrades (PCAR, BHI, CR)

UBS today upgraded PACCAR Inc. (NASDAQ: PCAR) from Sell to Neutral rating. UBS has cited the improvement in business condition in the second quarter as the reason for upgrade.

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Shares of PACCAR Inc. are up 5.55% to $41.43 in today’s trading. The stock opened at $40.26 and reached a high of $41.50 on volume of 1.48 million. The 52-week range for the stock is $28.52-$48.64. The 50-day moving average for the stock is $43.70 and the 200-day moving average is $39.10.

The support level for the PACCAR stock is at $38.68 and the resistance level is at $42.22. The consensus rating for the stock is Hold.

JP Morgan today upgraded Baker Hughes Inc. (NYSE: BHI) from Neutral to Overweight rating. The price target for the Baker Hughes Inc. stock has been maintained at $54.

Shares of Baker Hughes Inc. are up 8.50% to $41.61 today. The stock opened at $39.97 and reached a high of $41.86 on volume of 3.16 million. The 52-week range for the stock is $33.11-$54.80. The 50-day moving average for the stock is $45.77, while the 200-day moving average is $44.03.

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The consensus rating on the stock is Outperform.

KeyBanc Capital Markets today upgraded Crane Co. (NYSE: CR) from Hold to Buy rating. The price target for the Crane Co. stock is at $39.

Shares of Crane Co. are up 10.28% to $33.15. The stock opened at $31.41 and reached a high of $33.23 on volume of 354,946. The 52-week range for the stock is $20.24-$39.13. The 50-day moving average for the stock is at $34.49, while the 200-day moving average is at $30.56.

The support level for the Crane Co. stock is at $29.67 and the resistance level is at $31.90. The consensus rating on the stock is Outperform.

Stamford, Connecticut-based Crane Co. manufactures engineered industrial products.

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