Canaccord lowered the firm’s price target on Arq (ARQ) to $9 from $10 and keeps a Buy rating on the shares. The firm noted they proved an update on the GAC transitionwhich was good news but lowered its target due to an unanticipated capex required for the GAC facility transition.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARQ:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue