ArcBest® to Acquire MoLo Solutions, Enhancing Scale and Accelerating Growth

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ArcBest Corp (ARCB) PT Raised to $115 at Cowen

September 30, 2021 8:53 AM EDT

Cowen analyst Jason H. Seidl raised the price target on ArcBest Corp (NASDAQ: ARCB) to $115.00 (from $99.00) while maintaining an Outperform rating.

The analyst commented, "ARCB announced its acquisition of MoLo Solutions a Chicago-based TL broker expanding ArcBest s asset-light footprint. ARCB also released... More