Stephens analyst Reed Seay raised the firm’s price target on ArcBest (ARCB) to $85 from $72 and keeps an Equal Weight rating on the shares. Industrial demand weakness continues to weigh on Less-Than-Truckload volumes, though November tonnage was better than expected, the analyst tells investors in a Q4 preview for the group. Looking forward to 2026, the firm expects to see some margin recovery as demand stabilizes, the analyst added.
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Read More on ARCB:
- ArcBest price target raised to $84 from $72 at BofA
- ArcBest: Near-Term Margin Pressures and Limited Upside Keep Rating at Hold Despite Longer-Term Recovery Potential
- ArcBest price target raised to $85 from $73 at Stifel
- ArcBest price target lowered to $72 from $73 at BofA
- ArcBest’s Mixed Performance and Neutral Rating Amid Market Challenges
