B of A Securities Maintains Underperform on ArcBest, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ken Hoexter maintains an 'Underperform' rating on ArcBest (NASDAQ:ARCB) and lowers the price target from $110 to $108.
October 09, 2023 | 7:11 pm
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ArcBest's price target has been lowered from $110 to $108 by B of A Securities, maintaining an 'Underperform' rating.
The lowering of the price target by B of A Securities indicates a bearish outlook for ArcBest. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100