Citigroup Initiates Coverage On ArcBest with Neutral Rating, Announces Price Target of $111
Portfolio Pulse from Benzinga Newsdesk
Citigroup has initiated coverage on ArcBest with a Neutral rating and set a price target of $111.
October 09, 2024 | 1:27 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on ArcBest with a Neutral rating and set a price target of $111, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup sees neither significant upside nor downside in ArcBest's stock price in the near term. The price target of $111 provides a benchmark for investors, but the neutral stance indicates a balanced risk-reward scenario.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100