Raymond James Maintains Outperform on Arrow Electronics, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Melissa Fairbanks maintains an Outperform rating on Arrow Electronics (NYSE:ARW) but lowers the price target from $140 to $135.
November 01, 2024 | 6:14 pm
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NEUTRAL IMPACT
Raymond James maintains an Outperform rating on Arrow Electronics but reduces the price target from $140 to $135, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in Arrow Electronics' performance, but the lowered price target indicates a tempered expectation for growth. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100