Astrotech Corporation (Nasdaq: ASTC) has officially rejected an unsolicited acquisition proposal for $17.25 per share in cash from BML Investment Partners, L.P. 

The Board of Directors unanimously determined that the proposal is opportunistic and significantly undervalues the company. It does not reflect Astrotech's true intrinsic value or prospects and is deemed not in the best interests of the stockholders.

On Friday, $ASTC closed at $14.16, down $0.69 (-4.65%).

ArcBest Corporation (Nasdaq: ARCB), a logistics company, was maintained by Citigroup with a Buy rating and an increased price target of $118 (previously $110). 

With $ARCB closing at $98.80 on Friday, the raised price target indicates a potential upside of $19.20 or about 19.44%, according to the investment firm's analysis.

Medtronic plc (NYSE: MDT), a medical technology company, received coverage initiation by CL King with a Buy rating and a price target of $106. 

Despite closing at $88.10 on Friday, the stated price target suggests a potential upside of $17.90 or approximately 20.32% for $MDT, based on the investment firm's view.

Ternium S.A. (NYSE: TX), a steel manufacturing company, was maintained with an Overweight rating by JP Morgan, accompanied by a raised price target from $49.5 to $52.5.

Based on Friday's closing price of $39.65, the raised price target implies a potential upside of $12.85 or about 32.44% for $TX, according to the financial services firmn's perspective.

These potential upsides are based on the respective brokerage firms' or investment banks' assessments of the companies' prospects and valuation, indicating the potential gains investors may anticipate if the stock prices reach the stated targets.

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