Evercore ISI Adjusts Arch Capital Price Target to $103 From $105
Evercore ISI has revised its price target for Arch Capital Group Ltd. (ACGL), lowering it from $105 to $103.
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Visa is Tuesday’s most material report, with investors looking for continued payments growth after a strong run in the stock. Coca-Cola, HSBC Holdings, Novartis, Boeing and S&P Global report before the open; Seagate
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Evercore ISI has revised its price target for Arch Capital Group Ltd. (ACGL), lowering it from $105 to $103.
Arch Capital Group Ltd. announced its third-quarter 2026 financial results, reporting adjusted earnings per share of $2.67, which exceeded the FactSet consensus estimate of $2.31.
JPMorgan has lowered its price target for American Tower Corporation to $230 from the previous $240.
American Tower (AMT) beat Q3 earnings expectations with AFFO per share of $2.87 vs. consensus of $2.84, driven by strong 17.4% data center revenue growth. Despite DISH-related churn pressuring U.S. results, international markets and CoreSite's performance supported overall growth. The company raised its 2026 AFFO guidance and property revenue outlook, maintaining financial flexibility with $10.6 billion in liquidity.
Alongside its third-quarter earnings, American Tower increased its full-year 2026 outlook and announced a new $2 billion share repurchase authorization.
Seven sectors are higher and four are lower in Tuesday's regular session, with growth and cyclical sectors split across the top three positions. The leaders are separated rather than clustered, with Technology clearly ahead of the next group.