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ArcBest price target lowered to $75 from $78 at BofA

BofA analyst Ken Hoexter lowered the firm’s price target on ArcBest (ARCB) to $75 from $78 and keeps a Neutral rating on the shares after the company posted below-target August results in its mid-Q3 update. Following the update, the firm lowered its Q3, FY25, and FY26 EPS estimates 11%, 6%, and 9%, respectively.

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