JP Morgan Initiates Coverage On ARM Holdings with Overweight Rating, Announces Price Target of $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur has initiated coverage on ARM Holdings with an Overweight rating and a price target of $70.
October 09, 2023 | 9:36 am
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JP Morgan has initiated coverage on ARM Holdings with an Overweight rating and a price target of $70.
The initiation of coverage by JP Morgan with an Overweight rating indicates a positive outlook for ARM Holdings. The price target of $70 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100