JMP Securities Reiterates Market Outperform on Arch Capital Group, Maintains $85 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating on Arch Capital Group (NASDAQ:ACGL) and maintained a price target of $85.
July 12, 2023 | 12:56 pm
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Arch Capital Group's stock rating has been reiterated as Market Outperform by JMP Securities, with a maintained price target of $85.
The reiteration of a Market Outperform rating by JMP Securities indicates a positive outlook for Arch Capital Group. The maintained price target of $85 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100