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Barclays Remains a Buy on Arcosa (ACA)

Tipranks - Tipranks - Wed Apr 1, 8:16AM CDT

Barclays analyst Adam Seiden maintained a Buy rating on Arcosa today and set a price target of $115.00.

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Seiden covers the Industrials sector, focusing on stocks such as Cummins, Caterpillar, and Lincoln Electric Holdings. According to TipRanks, Seiden has an average return of 11.2% and a 59.03% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arcosa with a $121.67 average price target.

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Based on Arcosa’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $716.7 million and a net profit of $52.1 million. In comparison, last year the company earned a revenue of $666.2 million and had a GAAP net loss of $7.7 million

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