JMP Securities Maintains Market Outperform on Arch Capital Group, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Matthew Carletti has maintained a Market Outperform rating on Arch Capital Group (ACGL) and increased the price target from $95 to $100.
February 15, 2024 | 6:55 pm
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POSITIVE IMPACT
Arch Capital Group's price target was raised from $95 to $100 by JMP Securities, with a maintained Market Outperform rating.
The increase in price target by JMP Securities reflects a positive outlook on Arch Capital Group's performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100