Wells Fargo Maintains Overweight on Arch Capital Group, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Arch Capital Group (NASDAQ:ACGL) and raises the price target from $109 to $110.

May 01, 2024 | 5:59 pm
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Wells Fargo maintains an Overweight rating on Arch Capital Group and raises the price target from $109 to $110.
The increase in price target by Wells Fargo, a major financial institution, signals a positive outlook on Arch Capital Group's stock. This endorsement, especially with an Overweight rating, suggests confidence in the company's future performance and is likely to influence investor sentiment positively in the short term.
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