 Daimler Truck DTG, 9.62 surged 9 on Monday, its second day of trade following the spinoff from Daimler DAI, 1.67 . JPMorgan started coverage with a 48 price target, with a valuation based on how Volvo Trucks se:volvob trades, as well as large cost-cutting measures in product costs and overhead fixed costs that should lift margins and profitability. 