Arm Holdings shares are trading higher after Goldman Sachs raised its price target on the stock from $110 to $143.
Portfolio Pulse from Benzinga Newsdesk
Arm Holdings shares are trading higher after Goldman Sachs raised its price target on the stock from $110 to $143.
June 11, 2024 | 3:22 pm
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Goldman Sachs has raised its price target for Arm Holdings from $110 to $143, leading to a rise in the stock's trading price.
The increase in the price target by a major financial institution like Goldman Sachs is a strong positive signal for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100