Keybanc Maintains Overweight on ARM Holdings, Raises Price Target to $135
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 $120 to $135.
April 08, 2024 | 12:53 pm
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POSITIVE IMPACT
Keybanc analyst John Vinh has reaffirmed an Overweight rating on ARM Holdings and raised the price target from $120 to $135.
The increase in price target by a reputable analyst like John Vinh suggests a strong confidence in ARM Holdings' future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in ARM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100