Wells Fargo Maintains Overweight on Arch Capital Group, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Arch Capital Group (NASDAQ:ACGL) but lowers the price target from $111 to $110.
August 12, 2024 | 5:37 pm
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Wells Fargo analyst Elyse Greenspan maintains an Overweight rating on Arch Capital Group but lowers the price target from $111 to $110.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This mixed signal is likely to have a neutral short-term impact on the stock price.
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