Mizuho analyst Vijay Rakesh raised the firm’s price target on Arm (ARM) to $190 from $180 and keeps an Outperform rating on the shares. The company reported a strong quarter with good guidance, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARM:
- ARM Holdings PLC ADR: Strong Performance and Growth Potential, But Valuation Concerns Justify Hold Rating
- Arm price target raised to $180 from $175 at JPMorgan
- ARM Holdings PLC: Strong Market Positioning and Growth Potential Justify Buy Rating
- Balanced Outlook: Arm’s Strong Q2 Performance and Cautious Strategy Justify Hold Rating
- ARM Holdings PLC ADR: Strong Financial Performance and Promising Future Drive Buy Rating