Wells Fargo Maintains Overweight on Arch Capital Group, Raises Price Target to $92
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Arch Capital Group (NASDAQ:ACGL) and raises the price target from $90 to $92.
July 28, 2023 | 3:46 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Arch Capital Group and raises the price target from $90 to $92, indicating a positive outlook for the company.
The raised price target by Wells Fargo indicates a positive outlook for Arch Capital Group. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100