Wells Fargo Maintains Overweight on ARM Holdings, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley maintains an Overweight rating on ARM Holdings (NASDAQ:ARM) and raises the price target from $100 to $115.
April 29, 2024 | 6:15 pm
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POSITIVE IMPACT
Wells Fargo analyst Gary Mobley has maintained an Overweight rating on ARM Holdings and increased the price target from $100 to $115.
The upgrade in the price target by a reputable analyst like Gary Mobley suggests a strong confidence in ARM Holdings' future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100