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ARKO Corp has a consensus price target of $7.5 based on the ratings of 4 analysts. The high is $10 issued by Stifel on May 12, 2023. The low is $6 issued by BMO Capital on May 9, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, BMO Capital, and Wells Fargo on August 8, 2024, May 9, 2024, and April 19, 2024, respectively. With an average price target of $5.75 between Wells Fargo, BMO Capital, and Wells Fargo, there's an implied -13.14% downside for ARKO Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ARKO (NASDAQ:ARKO) was reported by Wells Fargo on August 8, 2024. The analyst firm set a price target for $6.25 expecting ARKO to fall to within 12 months (a possible -5.59% downside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for ARKO (NASDAQ:ARKO) was provided by Wells Fargo, and ARKO maintained their equal-weight rating.
There is no last upgrade for ARKO
The last downgrade for ARKO Corp happened on November 14, 2023 when BMO Capital changed their price target from $10 to $8 for ARKO Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ARKO, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ARKO was filed on August 8, 2024 so you should expect the next rating to be made available sometime around August 8, 2025.
While ratings are subjective and will change, the latest ARKO (ARKO) rating was a maintained with a price target of $5.00 to $6.25. The current price ARKO (ARKO) is trading at is $6.62, which is out of the analyst’s predicted range.
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