RBC Capital Reiterates Outperform on ARM Holdings (ARM)
ARM Holdings (LON: ARM)‘s stock had its “outperform” rating reiterated by investment analysts at RBC Capital in a note issued to investors on Tuesday. They currently have a $13.37 (830 GBX) target price on the stock.
ARM Holdings opened at 758.50 on Tuesday. ARM Holdings has a 1-year low of GBX 463.60 and a 1-year high of GBX 780.903. The company’s market cap is £10.453 billion.
A number of other firms have also recently commented on ARM. Analysts at Barclays Capital reiterated an “overweight” rating on shares of ARM Holdings in a research note to investors on Wednesday, November 28th. They now have a $13.13 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of ARM Holdings in a research note to investors on Tuesday, November 20th. They now have a $10.66 price target on the stock. Finally, analysts at CA Cheuvreux reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Friday, November 9th. They now have a $12.78 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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