ArcBest Corporation (NASDAQ:ARCB) Stock Analysis a…
From Financial Modeling Prep: 2025-06-11 14:09:00
ArcBest Corporation (NASDAQ:ARCB) is a key player in the logistics industry, specializing in Less-Than-Truckload (LTL) services. Recently, Jefferies maintained a “Buy” rating for ARCB, raising the price target to $85, indicating strong growth potential. BofA Securities upgraded ARCB from “Underperform” to “Neutral,” with a price target of $74, reflecting market share gains. In Q2, ARCB’s CFO reported a significant increase in tons and shipments per day in its core LTL business, exceeding expectations. The stock price currently stands at $70.54, showing a slight decrease.
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