Citigroup Maintains Buy on ArcBest, Raises Price Target to $118
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Christian Wetherbee maintains a Buy rating on ArcBest (NASDAQ:ARCB) and raises the price target from $110 to $118.
June 30, 2023 | 2:05 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on ArcBest and raises the price target from $110 to $118, indicating positive sentiment towards the stock.
The raised price target by Citigroup indicates a positive outlook for ArcBest. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100