Barclays Maintains Overweight on Arch Capital Group, Raises Price Target to $105
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 $96 to $105.
November 01, 2023 | 1:45 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Arch Capital Group and raises the price target from $96 to $105, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Arch Capital Group. 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