RBC Capital Reiterates Outperform on Arch Capital Group, Maintains $98 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak has reiterated an Outperform rating on Arch Capital Group (NASDAQ:ACGL) and maintained a $98 price target.

February 16, 2024 | 4:51 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $98 price target on Arch Capital Group.
The reiteration of an Outperform rating and the maintenance of a $98 price target by a reputable analyst like Scott Heleniak from RBC Capital could instill confidence among investors and potentially lead to a positive short-term impact on ACGL's stock price. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations like this can influence market perception and investor sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100