ArcBest shares are trading higher after Wells Fargo initiated coverage with an Overweight rating and announced a price target of $140.
Portfolio Pulse from Benzinga Newsdesk
ArcBest shares are trading higher after Wells Fargo initiated coverage with an Overweight rating and announced a price target of $140.
June 07, 2024 | 7:41 pm
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POSITIVE IMPACT
ArcBest shares are trading higher following Wells Fargo's initiation of coverage with an Overweight rating and a $140 price target.
The Overweight rating and high price target from a major financial institution like Wells Fargo are likely to boost investor confidence and drive short-term price appreciation for ArcBest shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100