ArcBest (ARCB) Tops Q4 EPS by 26c

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ArcBest Corp (ARCB) PT Raised to $133 at Goldman Sachs, '4Q23 EPS Beat as Expense Leverage Improved Margins'

February 6, 2024 4:05 PM EST

Goldman Sachs analyst Jordan Alliger raised the price target on ArcBest Corp (NASDAQ: ARCB) to $133.00 (from $123.00) while maintaining a Neutral rating.

The analyst comments "Bottom Line: ARCB 4Q23 adjusted EPS of $2.47 was above GSe/Visible Alpha Consensus estimates of $2.18/$2.20. Results were ahead with overall... More