JP Morgan Maintains Neutral on Arch Capital Group, Raises Price Target to $92
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 $88 to $92.
April 08, 2024 | 8:09 pm
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JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Arch Capital Group and raises the price target from $88 to $92.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100