JP Morgan Maintains Neutral on Arch Capital Group, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Arch Capital Group (NASDAQ:ACGL) and raises the price target from $82 to $86.
October 31, 2023 | 7:52 pm
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JP Morgan maintains a Neutral rating on Arch Capital Group and raises the price target from $82 to $86.
The news is directly about Arch Capital Group. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $82 to $86 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100