B of A Securities Maintains Underperform on ArcBest, Lowers Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an 'Underperform' rating on ArcBest and lowered its price target from $102 to $99.
September 04, 2024 | 12:21 pm
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B of A Securities has maintained an 'Underperform' rating on ArcBest and reduced its price target from $102 to $99, indicating a bearish outlook.
The 'Underperform' rating suggests that the analyst expects ArcBest to perform worse than the market. The lowered price target from $102 to $99 further indicates a negative outlook, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100