JP Morgan Maintains Overweight on Arcos Dorados Holdings, Raises Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Ian Luketic maintains an Overweight rating on Arcos Dorados Holdings (NYSE:ARCO) and raises the price target from $10 to $13.
August 10, 2023 | 4:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Arcos Dorados Holdings and raises the price target from $10 to $13, indicating a positive outlook for the stock.
The raised price target by JP Morgan 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