Deutsche Bank Maintains Buy on Arch Capital Group, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Cave Montazeri maintains a Buy rating on Arch Capital Group (NASDAQ:ACGL) and raises the price target from $110 to $120.
July 01, 2024 | 2:50 pm
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Deutsche Bank has reaffirmed its Buy rating on Arch Capital Group and increased the price target from $110 to $120, indicating confidence in the company's future performance.
The increase in the price target from $110 to $120 by Deutsche Bank suggests a positive outlook for Arch Capital Group. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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