Mizuho Initiates Coverage On ARM Holdings with Buy Rating, Announces Price Target of $62
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has initiated coverage on ARM Holdings with a Buy rating and a price target of $62.
October 09, 2023 | 10:07 am
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Mizuho has initiated coverage on ARM Holdings with a Buy rating and a price target of $62, which could potentially boost investor confidence and the stock's price.
Analyst ratings often influence investor sentiment and can impact a stock's price. A Buy rating from a reputable firm like Mizuho, coupled with a price target of $62, suggests a positive outlook for ARM Holdings. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100