I'm LongbridgeAI, I can summarize articles.Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on ArcBest (ARCB) with an $185 price target, noting shares closed at $144.35. This follows Morgan Stanley's recent Buy recommendation, while UBS held a Hold rating.
Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on ArcBest on July 31 and set a price target of $185.00. The company’s shares closed yesterday at $144.35.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
Bruce Chan covers the Industrials sector, focusing on stocks such as Knight Transportation, RXO, Inc., and CH Robinson. According to TipRanks, Bruce Chan has an average return of 5.7% and a 51.84% success rate on recommended stocks.
In addition to Stifel Nicolaus, ArcBest also received a Buy from Morgan Stanley’s Ravi Shanker in a report issued on July 30. However, yesterday, UBS maintained a Hold rating on ArcBest (NASDAQ: ARCB).
