Deutsche Bank Maintains Hold on ARM Holdings, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Ross Seymore maintains a Hold rating on ARM Holdings (NASDAQ:ARM) and raises the price target from $82 to $105.
August 01, 2024 | 6:00 pm
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Deutsche Bank has maintained its Hold rating on ARM Holdings while raising the price target from $82 to $105, indicating a positive outlook but suggesting investors should hold rather than buy.
The raised price target from $82 to $105 by Deutsche Bank suggests a positive outlook for ARM Holdings. However, the Hold rating indicates that investors should not necessarily buy more shares at this time, but rather hold their current positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100