B of A Securities Maintains Buy on Arcos Dorados Holdings, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Robert Ford maintains a Buy rating on Arcos Dorados Holdings (NYSE:ARCO) and raises the price target from $10 to $12.
May 18, 2023 | 1:41 pm
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B of A Securities maintains a Buy rating on Arcos Dorados Holdings and raises the price target from $10 to $12.
The raised price target by B of A Securities analyst Robert Ford indicates a positive outlook for Arcos Dorados Holdings. This news is likely to have a positive impact on the stock price in the short term as it shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100