ARM Mali-470 GPU Offers Improved Efficiency and Experiences on Wearable and IoT Devices

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Go back to ARM Mali-470 GPU Offers Improved Efficiency and Experiences on Wearable and IoT Devices

ARM Holdings plc (ARMH) Reports In-Line 3Q Results; Northland Capital Markets Cuts Price target to $52

October 21, 2015 8:04 AM EDT

Northland Capital Markets maintained an Outperform rating on ARM Holdings (NASDAQ: ARMH), and cut the price target to $52.00 (from $61.00), following the company's 3Q15 earnings results. ARM reported $0.35 on $376M, a penny short of consensus estimate of $0.36 on $372.82M.

Analyst Gus Richard... More