Bernstein Initiates Coverage On ARM Holdings with Underperform Rating, Announces Price Target of $46
Portfolio Pulse from Benzinga Newsdesk
Bernstein has initiated coverage on ARM Holdings with an Underperform rating and a price target of $46.
September 18, 2023 | 11:08 am
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NEGATIVE IMPACT
ARM Holdings has been given an Underperform rating by Bernstein with a price target of $46.
The Underperform rating from Bernstein suggests that the firm expects ARM Holdings' stock to do worse than the market average. This could potentially lead to a decrease in the stock's price. The price target of $46 provides a specific value expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100