TD Cowen raised the firm’s price target on ArcBest (ARCB) to $97 from $64 and keeps a Hold rating on the shares. The firm adjusted targets in the trucking group as part of a Q4 preview. The quarter likely saw modest peak and limited project work, but a carrier survey corroborates regulation-driven capacity attrition, which bodes well for 2026, the analyst tells investors in a research note.
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Read More on ARCB:
- ArcBest price target raised to $104 from $83 at Citi
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