Mizuho Maintains Buy on ARM Holdings, Raises Price Target to $100-Report released on 7th February 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has maintained a Buy rating on ARM Holdings (NASDAQ:ARM) and increased the price target from $85 to $100 as of 7th February 2024.
February 08, 2024 | 3:22 pm
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Mizuho analyst Vijay Rakesh has reaffirmed a Buy rating on ARM Holdings and raised the price target from $85 to $100.
The increase in price target by a reputable analyst like Vijay Rakesh suggests a strong confidence in ARM Holdings' future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100