Truist Securities Maintains Hold on Arrow Electronics, Raises Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Hold rating on Arrow Electronics (NYSE:ARW) and raises the price target from $124 to $141.
August 02, 2024 | 12:45 pm
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Truist Securities analyst William Stein maintains a Hold rating on Arrow Electronics and raises the price target from $124 to $141.
The raised price target from $124 to $141 suggests a positive outlook for Arrow Electronics, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100