JP Morgan Maintains Neutral on ArcBest, Raises Price Target to $134
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on ArcBest (NASDAQ:ARCB) and raises the price target from $127 to $134.
August 05, 2024 | 1:11 pm
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JP Morgan analyst Brian Ossenbeck maintains a Neutral rating on ArcBest and raises the price target from $127 to $134.
The raised price target from $127 to $134 suggests a positive outlook on ArcBest's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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