Arm’s shares seen as a shoo-in for Nasdaq 100, though S&P 500 unlikely

Go back to Arm’s shares seen as a shoo-in for Nasdaq 100, though S&P 500 unlikely

'Too soon' to declare Arm Holdings (ARM) an AI winner says Bernstein

September 18, 2023 9:45 AM EDT

Bernstein analyst Sara Russo initiated Arm Holdings (NASDAQ: ARM) shares at Underperform with a $46 price target in a note Monday.

Russo told investors that while the expectations Arm will be a beneficiary from AI growth may be adding a premium to the share price,... More