B of A Securities Maintains Buy on Arch Capital Group, Raises Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Arch Capital Group (NASDAQ:ACGL) and raised the price target from $109 to $119.
June 04, 2024 | 4:16 pm
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B of A Securities has maintained a Buy rating on Arch Capital Group and raised the price target from $109 to $119, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst suggest positive sentiment and expected growth for Arch Capital Group, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100