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'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