Goldman Sachs initiated coverage of Arxis (ARXS) with a Buy rating and $53 price target The company’s supply chain components and acquisition platform has generated substantial equity value historically in the aerospace and development end market, the analyst tells investors in a research note. Goldman views Arxis as a growth compounder.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARXS:
- Arxis Initiated at Buy by Kristine Liwag on Durable Moat, Defense-Aerospace Tailwinds and Upside to $44 Price Target
- Goldman’s Poponak Initiates Arxis with Buy, Sees Significant Upside to $53 12‑Month Target on Defense-Weighted Growth Strategy
- Arxis Initiated at Buy: Industrial Compounder Model, Proprietary EDGE M&A Engine, and Premium-Valuation Upside to $55 Target
- Defense Intelligence Group HawkEye Sets Sights on $2.4B IPO
- Six new option listings on April 23rd