JMP Securities Maintains Market Outperform on Arch Capital Group, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Arch Capital Group (NASDAQ:ACGL) and raised its price target from $115 to $125.
October 15, 2024 | 11:37 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JMP Securities has reaffirmed its positive outlook on Arch Capital Group by maintaining a Market Outperform rating and increasing the price target from $115 to $125.
The increase in the price target from $115 to $125 by JMP Securities suggests a positive outlook for Arch Capital Group, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100