Barclays Maintains Overweight on Arcos Dorados Holdings, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Antonio Hernandez maintains an Overweight rating on Arcos Dorados Holdings (ARCO) and raises the price target from $10 to $13.5.
August 07, 2023 | 10:40 am
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Barclays maintains an Overweight rating on Arcos Dorados Holdings and raises the price target from $10 to $13.5, indicating a positive outlook for the company.
The raised price target by Barclays indicates a positive outlook for Arcos Dorados Holdings. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100