RBC Capital Gives Outperform Rating to ARM Holdings (ARM)
ARM Holdings (LON: ARM)‘s stock had its “outperform” rating restated by equities researchers at RBC Capital in a report issued on Wednesday. They currently have a $10.53 (660 GBX) target price on the stock.
ARM Holdings opened at 668.675 on Wednesday. ARM Holdings has a 1-year low of GBX 463.60 and a 1-year high of GBX 647.50. The company’s market cap is £9.205 billion.
A number of other firms have also recently commented on ARM. Analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of ARM Holdings in a research note to investors on Friday, October 19th. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of ARM Holdings in a research note to investors on Tuesday, October 16th. They now have a $5.95 price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of ARM Holdings in a research note to investors on Wednesday, October 10th. They now have a $11.60 price target on the stock.
ARM Holdings plc (ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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