ArcBest shares are trading higher after Morgan Stanley and Stifel analysts raised their price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
ArcBest shares are trading higher after Morgan Stanley and Stifel analysts raised their price targets on the stock.
October 30, 2023 | 4:09 pm
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ArcBest's stock price is trading higher following price target increases by analysts from Morgan Stanley and Stifel.
The increase in ArcBest's stock price is directly related to the raised price targets by Morgan Stanley and Stifel analysts. This shows increased confidence in the company's performance, which is likely to attract more investors, pushing the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100