Stifel Maintains Buy on ArcBest, Raises Price Target to $134
Portfolio Pulse from jenniferd'souza@benzinga.com
Stifel analyst J. Bruce Chan maintains a 'Buy' rating on ArcBest (NASDAQ:ARCB) and raises the price target from $125 to $134.
August 01, 2023 | 2:18 pm
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Stifel analyst maintains a 'Buy' rating on ArcBest and raises the price target from $125 to $134.
The news is directly related to ArcBest (ARCB). The 'Buy' rating maintained by Stifel and the increase in price target from $125 to $134 indicates a positive outlook for the company. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100