Bank of America Securities Remains a Hold on ArcBest (ARCB)
I'm LongbridgeAI, I can summarize articles.Bank of America Securities analyst Ken Hoexter reiterated a Hold rating on ArcBest (ARCB) with a $152 price target. This follows a similar Hold from Wells Fargo, while Goldman Sachs maintained a Buy rating on the stock.
In a report released today, Ken Hoexter from Bank of America Securities reiterated a Hold rating on ArcBest, with a price target of $152.00.
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Hoexter covers the Industrials sector, focusing on stocks such as Union Pacific, JB Hunt, and RXO, Inc.. According to TipRanks, Hoexter has an average return of 2.9% and a 50.00% success rate on recommended stocks.
In addition to Bank of America Securities, ArcBest also received a Hold from Wells Fargo’s Christian Wetherbee in a report issued today. However, yesterday, Goldman Sachs maintained a Buy rating on ArcBest (NASDAQ: ARCB).