Wells Fargo Initiates Coverage On ArcBest with Overweight Rating, Announces Price Target of $140
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on ArcBest with an Overweight rating and set a price target of $140.
June 07, 2024 | 2:06 pm
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POSITIVE IMPACT
Wells Fargo has initiated coverage on ArcBest with an Overweight rating and set a price target of $140.
The Overweight rating and a high price target of $140 from a reputable institution like Wells Fargo is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100