Evercore ISI Group Initiates Coverage On ARM Holdings with Outperform Rating, Announces Price Target of $156
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has initiated coverage on ARM Holdings (NASDAQ:ARM) with an Outperform rating and set a price target of $156.
April 16, 2024 | 9:39 am
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Evercore ISI Group initiated coverage on ARM Holdings with an Outperform rating and a price target of $156.
The initiation of coverage by Evercore ISI Group with an Outperform rating and a high price target suggests a positive outlook for ARM Holdings' stock. This endorsement from a reputable analyst firm can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100