ARM Holdings Receives “Outperform” Rating from Credit Suisse (ARM)
ARM Holdings (LON: ARM)‘s stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Wednesday. They currently have a $16.88 (1130 GBX) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of ARM Holdings in a research note to investors on Tuesday. They now have a $8.21 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “equal-weight” rating on shares of ARM Holdings in a research note to investors on Monday. They now have a $13.61 price target on the stock. Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of ARM Holdings in a research note to investors on Wednesday, March 6th. They now have a $17.29 price target on the stock.
Shares of ARM Holdings opened at 933.90 on Wednesday. ARM Holdings has a 52 week low of GBX 463.60 and a 52 week high of GBX 985.0001. The stock’s 50-day moving average is currently GBX 576.4. The company’s market cap is £13.042 billion.
ARM Holdings plc (ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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