ARM Holdings Receives Outperform Rating from Credit Suisse (ARM)

ARM Holdings (LON: ARM)‘s stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Friday. They currently have a $17.13 (1130 GBX) price target on the stock.

A number of other firms have also recently commented on ARM. Analysts at BNP Paribas reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Thursday. They now have a $15.16 price target on the stock. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of ARM Holdings in a research note to investors on Tuesday. They now have a $9.70 price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of ARM Holdings in a research note to investors on Thursday, February 21st. They now have a $8.38 price target on the stock.

ARM Holdings opened at 949.00 on Friday. ARM Holdings has a 1-year low of GBX 463.60 and a 1-year high of GBX 965.10. The stock’s 50-day moving average is currently GBX 576.4. The company’s market cap is £13.096 billion.

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

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