Goldman Sachs Maintains Neutral on ArcBest, Raises Price Target to $149
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jordan Alliger maintains a Neutral rating on ArcBest (NASDAQ:ARCB) and raises the price target from $133 to $149.

April 11, 2024 | 1:04 pm
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Goldman Sachs maintains a Neutral rating on ArcBest but raises the price target from $133 to $149.
The increase in price target by Goldman Sachs suggests a positive outlook on ArcBest's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for ArcBest, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100