Why Arm Holdings Rallied Again Today
Arm plc(ARM) The Motley Fool·2024-09-14 02:05
Arm saw more analyst love, this time from Raymond James.Shares of semiconductor architecture company Arm Holdings (ARM 5.83%) rallied again today, up another 5.4% as of 12:43 p.m. ET.Arm had already seen a wave of analyst upgrades this week, but got even more positive news today, this time via a bullish initiation from analysts at Raymond James. An AI uplift across end marketsRaymond James started coverage on Arm today, initiating the stock with a buy rating and a $160 price target.The analysts are bullish ...