BofA Raises PT on ArcBest Corporation (ARCB) Amid Leadership Transition

With a low P/E multiple and potential upside for investors, ArcBest Corporation (NASDAQ:ARCB) is among the 14 Cheap Transportation Stocks to Buy According to Analysts.

BofA Raises PT on ArcBest Corporation (ARCB) Amid Leadership Transition

An Airbus single-aisle aircraft overfly a major city, showcasing the airline services of the company.

On July 17, 2025, BofA increased its price target on ArcBest Corporation (NASDAQ:ARCB) from $74 to $86, maintaining a ‘Neutral’ rating. The analysts at BofA cited the upcoming leadership change of the company as a critical driver of its future outlook.

Judy McReynolds, CEO of ArcBest Corporation (NASDAQ:ARCB), is set to retire, effective December 31, 2025, having served the company as the CEO since 2010. Seth Runser, ARCB’s President, who has been with the company for the past 18 years, leading the company’s LTL subsidiary, is set to succeed McReynolds.

ArcBest Corporation (NASDAQ:ARCB) is an integrated logistics company, offering ground, air, and ocean transportation services. It is on the list of cheap transportation stocks.

While we acknowledge the potential of ARCB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARCB and that has 100x upside potential, check out our report about this cheapest AI stock.

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