Wolfe Research analyst Myles Walton initiated coverage of Arxis (ARXS) with an Outperform rating and $43 price target The firm sees “solid growth tailwinds” across the company’s core end markets and a “proven” acquisition track record. It sees potential upside to the company’s five-year growth targets.
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Read More on ARXS:
- Arxis initiated with an Outperform at William Blair
- Arxis Initiated at Buy on Diversified Defense & Industrial Platform, Expanding Margins, and 20%+ Upside Potential
- Arxis initiated with a Buy at Rothschild & Co Redburn
- Arxis initiated with an Overweight at Morgan Stanley
- Arxis initiated with an Outperform at Baird
