ARM Holdings PT Raised to $6.69 at Deutsche Bank (ARM)
Analysts at Deutsche Bank boosted their price target on shares of ARM Holdings (LON: ARM) from $6.01 (400 GBX) to $6.69 (445 GBX) in a research report issued to clients and investors on Monday. The firm currently has a “sell” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Friday. They now have a $17.13 price target on the stock, up previously from $16.97. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Thursday. They now have a $15.16 price target on the stock. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of ARM Holdings in a research note to investors on Tuesday, February 26th. They now have a $9.70 price target on the stock.
ARM Holdings opened at 963.50 on Monday. ARM Holdings has a 1-year low of GBX 463.60 and a 1-year high of GBX 965.10. The stock’s 50-day moving average is currently GBX 576.4. The company’s market cap is £13.296 billion.
ARM Holdings plc (ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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