Citigroup Maintains Buy on ArcBest, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christian Wetherbee maintains a Buy rating on ArcBest (NASDAQ:ARCB) but lowers the price target from $137 to $130.

October 04, 2023 | 3:59 pm
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Citigroup maintains a Buy rating on ArcBest but lowers the price target from $137 to $130.
The news is directly related to ArcBest. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100