BofA analyst Ken Hoexter raised the firm’s price target on ArcBest (ARCB) to $138 from $102 and keeps a Neutral rating on the shares after the company posted adjusted Q1 EPS below the firm’s 36c estimate, but above the Street’s 29c forecast. Following the report, the firm raised its FY26 EPS estimate by 7%, led by Q1 flow-through.
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Read More on ARCB:
- ArcBest price target raised to $134 from $116 at Stifel
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- ArcBest price target raised to $150 from $122 at Citi
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