TD Cowen lifts ArcBest's PT on firm pricing momentum

ArcBest

09/06/2026 11:33

** TD Cowen hikes PT on logistics firm ArcBest Corp ARCB.O to $175 from $137, maintains rating at "hold"
** New price target shows an upside of 5.3% from the stock's last close
** Brokerage is updating its model for the company to reflect strong quarter-to-date trends and expected pricing momentum following the announcement of a mid-year general rate increase
     ** Says ARCB is reshaping its network by shedding low-value freight and focusing on higher-margin shipments
** Six of 12 brokerages rate the stock "buy" or higher, six "hold"; their median PT is $147.50- data compiled by LSEG
** YTD, stock has risen 124%

 (Reporting by Apratim Sarkar in Bengaluru)
 ((Apratim.Sarkar@thomsonreuters.com))