Arrow Financial Corp (NASDAQ: AROW). Notable positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, the stock’s power rating rose above 70, and the consensus estimate for December, 2024 increased significantly.
Significant positive changes in investment behavior have recently occurred for Arrow Financial Corp (NASDAQ: AROW): its longer term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AROW is expected to continue to be a Value Builder.
Arrow Financial has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Arrow Financial has a neutral Appreciation Score of 56 but a good Power Rating of 75, triggering the Positive Value Trend Rating.
Recent Price Action
Arrow Financial Corp (NASDAQ: AROW) stock enjoyed a large increase of 2.1% on 12/18/23. The stock closed at $28.59. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 2.8% during the last week.
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