Stephens & Co. Maintains Overweight on ArcBest, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jack Atkins has maintained an Overweight rating on ArcBest (NASDAQ:ARCB) and increased the price target from $165 to $205.
February 07, 2024 | 3:42 pm
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Stephens & Co. analyst Jack Atkins reaffirmed an Overweight rating on ArcBest and raised the price target from $165 to $205.
The increase in price target by a reputable analyst firm like Stephens & Co. typically signals a strong bullish outlook on the stock, suggesting that the analyst sees significant upside potential. This can often lead to increased investor confidence and potentially drive the stock price up in the short term.
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