Arm Holdings shares are trading higher after Rosenblatt raised its price target on the stock from $140 to $180.
Portfolio Pulse from Benzinga Newsdesk
Arm Holdings' stock price increased following an upgrade by Rosenblatt, which raised its price target from $140 to $180.
February 26, 2024 | 3:41 pm
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POSITIVE IMPACT
Arm Holdings' stock price is likely to experience a short-term increase following Rosenblatt's upgraded price target from $140 to $180.
The upgrade in price target by Rosenblatt directly impacts investor sentiment towards Arm Holdings, making it more attractive to investors. This positive analyst action typically leads to a short-term increase in stock price as market participants adjust their valuations based on the new information.
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IMPORTANCE 90
RELEVANCE 100