Arcosa price target raised to $95 from $88 at Loop Capital

Loop Capital raised the firm’s price target on Arcosa to $95 from $88 and keeps a Buy rating on the shares. The company reported a “very solid” Q4, and while its Q1 outlook was weighed down like its peers by poor weather to start the year, visibility to a strong earnings ramp as the year progresses is high, the analyst tells investors in a research note.