Arm stock dives 11% as slow AI gains lead to tepid outlook
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Arm Holdings (ARM) PT Raised to $173 at Evercore ISI
August 1, 2024 5:00 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on Arm Holdings (NASDAQ: ARM) to $173.00 (from $145.00) while maintaining a Outperform rating.
The analyst comments "CSS and V9 Transition Underway. In JunQ ARM estimated V9 to accounted for 25% of revs (vs 20%... More
