Barclays Maintains Overweight on Arch Capital Group, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tracy Benguigui maintains an Overweight rating on Arch Capital Group (NASDAQ:ACGL) and raises the price target from $92 to $96.
October 10, 2023 | 1:10 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Arch Capital Group and raises the price target from $92 to $96, indicating a positive outlook for the company.
The raised price target by Barclays indicates their belief in the company's potential for growth. 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