Keybanc Maintains Overweight on ARM Holdings, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh has maintained an Overweight rating on ARM Holdings (NASDAQ:ARM) and increased the price target from $75 to $120.
February 08, 2024 | 10:01 am
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Keybanc analyst John Vinh has reaffirmed an Overweight rating on ARM Holdings and raised the price target from $75 to $120.
The increase in price target by a reputable analyst like John Vinh suggests a strong confidence in ARM Holdings' future performance. This positive analyst rating and significant price target raise can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100