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ArcBest Defies Freight Slowdown With Strong Growth
ARCBArcBest(ARCB) Benzinga·2025-06-11 02:49

BofA Securities analyst Ken Hoexter upgraded ArcBest Corporation ARCB from Underperform to Neutral, raising the price target from 63to63 to 74.Hoexter noted that ArcBest is showing momentum in gaining market share among core customers, which is helping offset pressure on core yield. Following a 20-minute discussion with CFO Matt Beasley, Hoexter expressed a more positive view of the company's progress within its core LTL operations.Also Read: This Yum! Brands Analyst Turns Bullish; Here Are Top 5 Upgrades For ...