Investec Cuts ARM Holdings to Hold (ARM)
ARM has been the subject of a number of other recent research reports. Analysts at Barclays Capital reiterated an “overweight” rating on shares of ARM Holdings in a research note to investors on Monday. They now have a $16.13 price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of ARM Holdings in a research note to investors on Monday, December 17th. They now have a $8.50 price target on the stock. Finally, analysts at Natixis reiterated a “buy” rating on shares of ARM Holdings in a research note to investors on Friday, December 14th.
ARM Holdings opened at 835.4999 on Tuesday. ARM Holdings has a 52-week low of GBX 463.60 and a 52-week high of GBX 875.50. The stock’s 50-day moving average is currently GBX 576.4. The company’s market cap is £11.514 billion.
ARM Holdings plc (ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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