Arm Holdings shares fall as revenue forecast fails to impress investors
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Morgan Stanley on Arm Holdings (ARM): 'Growth Still Expected Despite Royalties Trim'
November 7, 2024 7:16 AM ESTMorgan Stanley analyst Lee Simpson reiterated an Overweight rating and $175.00 price target on Arm Holdings (NASDAQ: ARM)
The analyst comments "Whilst licensing revenue (+licensing guide) came in ahead of expectations, for the second successive quarter management have cut royalty growth rate expectations for... More
