RBC Capital Maintains Outperform on Arch Capital Group, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Heleniak maintains an Outperform rating on Arch Capital Group (NASDAQ:ACGL) but lowers the price target from $128 to $125.
November 01, 2024 | 4:22 pm
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RBC Capital maintains an Outperform rating on Arch Capital Group but lowers the price target from $128 to $125, indicating a slight decrease in expected stock performance.
The Outperform rating suggests continued positive sentiment towards ACGL, but the lowered price target indicates a slight reduction in expected stock performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100