Watching Arteris; Northland Capital Markets Out With Company Update Note Stating "Solid Quarter With New Product Momentum Set To Drive ACV In Second Half"; Maintaining Outperform Rating And Price Target Of $16
Portfolio Pulse from Happy Mohamed
Northland Capital Markets released a company update note on Arteris, stating a solid quarter with new product momentum set to drive ACV in the second half. The firm maintains an Outperform rating and a price target of $16.
June 02, 2023 | 4:29 pm
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Arteris is expected to have a solid quarter with new product momentum driving ACV in the second half, according to Northland Capital Markets. The firm maintains an Outperform rating and a price target of $16.
Northland Capital Markets' positive outlook on Arteris, maintaining an Outperform rating and a price target of $16, indicates a bullish sentiment for the stock. The firm's expectation of a solid quarter and new product momentum driving ACV in the second half suggests potential upside for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100