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ARM Holdings plc (LON: ARM) received a number of ratings updates from brokerages and research firms in the last week:

  • ARM Holdings plc had its price target lowered by analysts at Credit Suisse from GBX 1,200 ($20.51) to GBX 1,125 ($19.22). They now have an “outperform” rating on the stock.
  • ARM Holdings plc had its “sell” rating reaffirmed by analysts at Societe Generale. They now have a GBX 680 ($11.62) price target on the stock.
  • ARM Holdings plc had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 1,140 ($19.48) price target on the stock.
  • ARM Holdings plc had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 920 ($15.72) price target on the stock.
  • ARM Holdings plc was upgraded by analysts at FinnCap to a “buy” rating. They now have a GBX 1,000 ($17.09) price target on the stock.

Shares of ARM Holdings plc (LON:ARM) traded down 0.24% during mid-day trading on Monday, hitting GBX 833.50. 5,728,854 shares of the company’s stock traded hands. ARM Holdings plc has a 52 week low of GBX 825.50 and a 52 week high of GBX 1112.00. The stock’s 50-day moving average is GBX 884.5 and its 200-day moving average is GBX 938.9. The company’s market cap is £11.744 billion.

ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.

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