Mizuho Maintains Buy on ARM Holdings, Raises Price Target to $160
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 $100 to $160.
March 07, 2024 | 11:58 am
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POSITIVE IMPACT
Mizuho analyst Vijay Rakesh has reaffirmed a Buy rating on ARM Holdings and raised the price target from $100 to $160.
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 the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100