Truist Securities Maintains Hold on Arrow Electronics, Raises Price Target to $138
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst William Stein maintains a Hold rating on Arrow Electronics (NYSE:ARW) and raises the price target from $131 to $138.
August 07, 2023 | 2:23 pm
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NEUTRAL IMPACT
Arrow Electronics' price target has been raised from $131 to $138 by Truist Securities, while maintaining a Hold rating.
The news is directly about Arrow Electronics. The price target increase suggests a positive outlook, but the Hold rating indicates that the analyst does not recommend buying more shares at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100