TD Cowen lowered the firm’s price target on ArcBest to $131 from $136 and keeps a Buy rating on the shares. The firm updated estimates to reflect quarter-to-date trends and loweredits out-year estimates.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARCB:
- ArcBest price target lowered to $99 from $102 at BofA
- Wells Fargo downgrades ArcBest to Equal Weight on softer demand outlook
- ArcBest downgraded to Equal Weight from Overweight at Wells Fargo
- ArcBest Reports Mixed Q3 Results with Strategic Pricing Hikes
- Triumph Financial announces the addition of ArcBest to TriumphPay
Questions or Comments about the article? Write to editor@tipranks.com