Goldman Sachs Maintains Neutral on ArcBest, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jordan Alliger maintains a Neutral rating on ArcBest (NASDAQ:ARCB) and raises the price target from $105 to $117.
July 31, 2023 | 12:16 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on ArcBest and raises the price target from $105 to $117.
The news directly pertains to ArcBest as Goldman Sachs has maintained a Neutral rating on the company and raised its price target. This suggests that the analyst sees potential in the company but also acknowledges risks. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100