** Shares of truck-maker PACCAR PCAR.O rise 1.76% to $110 in premarket trade
** Brokerage BofA Global Research upgrades stock rating on PCAR to "buy" from "neutral"
** BofA says the truck market will be first to balance in an end machinery market which is contending with too much equipment amid slowing demand
** says PCAR is one of the few original equipment manufacturers likely to report "a new peak EPS" in 2026
** Brokerage also raises truck engine maker Cummins CMI.N to "neutral" from "underperform" citing "positive view" on the U.S. truck production cycle
** PCAR was up 6.52% in 2024
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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