JMP Securities Maintains Market Outperform on Arch Capital Group, Raises Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Matthew Carletti maintains a Market Outperform rating on Arch Capital Group (NASDAQ:ACGL) and raises the price target from $85 to $90.
July 27, 2023 | 12:32 pm
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POSITIVE IMPACT
Arch Capital Group's price target has been raised from $85 to $90 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Arch Capital Group and maintaining a Market Outperform rating is likely to have a positive impact on the company's stock in the short term. Investors may see this as a sign of confidence in the company's performance and future prospects, potentially driving up demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100