RBC Capital Maintains Outperform on Archrock, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Elvira Scotto has maintained an 'Outperform' rating on Archrock (NYSE:AROC) and increased the price target from $22 to $26.
October 16, 2024 | 4:45 pm
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RBC Capital has reaffirmed its 'Outperform' rating for Archrock and increased the price target to $26, indicating a positive outlook.
The increase in price target from $22 to $26 by RBC Capital suggests a positive outlook for Archrock, likely leading to a short-term price increase. The 'Outperform' rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100