Deutsche Bank Maintains Buy on Arch Capital Group, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Cave Montazeri has maintained a Buy rating on Arch Capital Group (NASDAQ:ACGL) and increased the price target from $103 to $110.
April 30, 2024 | 4:43 pm
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Deutsche Bank maintains a Buy rating on Arch Capital Group and raises the price target from $103 to $110.
The increase in price target by a reputable analyst such as Cave Montazeri from Deutsche Bank typically signals a strong bullish outlook on the stock, suggesting an expectation of positive performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100