Rosenblatt Maintains Buy on ARM Holdings, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann maintains a Buy rating on ARM Holdings (NASDAQ:ARM) and raises the price target from $140 to $180, indicating a positive outlook on the company's stock.
February 26, 2024 | 5:44 pm
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Rosenblatt analyst Hans Mosesmann maintains a Buy rating on ARM Holdings and raises the price target from $140 to $180, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst such as Hans Mosesmann suggests a strong belief in ARM Holdings' potential for growth. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100