StockNews.com Initiates Coverage on Arch Biopartners (NYSE:ARCH)

Investment analysts at StockNews.com initiated coverage on shares of Arch Biopartners (NYSE:ARCHGet Free Report) in a report issued on Thursday. The brokerage set a “hold” rating on the stock.

Arch Biopartners Price Performance

Shares of Arch Biopartners stock opened at $134.83 on Thursday. Arch Biopartners has a 1 year low of $116.44 and a 1 year high of $180.65.

Institutional Investors Weigh In On Arch Biopartners

An institutional investor recently bought a new position in Arch Biopartners stock. Total Clarity Wealth Management Inc. purchased a new position in Arch Biopartners Inc. (NYSE:ARCHFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 329 shares of the company’s stock, valued at approximately $47,000.

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