Bernstein Maintains Underperform on ARM Holdings, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Sara Russo maintains an Underperform rating on ARM Holdings (NASDAQ:ARM) but raises the price target from $72 to $92.
May 16, 2024 | 2:09 pm
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NEUTRAL IMPACT
Bernstein analyst Sara Russo maintains an Underperform rating on ARM Holdings but raises the price target from $72 to $92.
The Underperform rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100