Arm surges 60% after lifting guidance thanks to AI-led demand boost

Arm Holdings (ARM) Extends Gain, Up 60%

February 8, 2024 10:07 AM EST

Arm Holdings (NASDAQ: ARM) Extends Gain, Up 60%

Shares continued to surge after reporting strong results.
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Apple (AAPL) ecosystem 'very powerful' despite EU changes - Bernstein

February 8, 2024 9:55 AM EST

Bernstein analyst Toni Sacconaghi said in a note Thursday that the stakes for Apple (NASDAQ: AAPL) are material in regard to its recently announced changes in the European Union (EU).

Recently, Apple announced EU changes to comply with the EU's Digital Markets Act (DMA). The changes go into effect March 7 and allow for side-loading of apps and offer a choice screen for web browsers.

The analyst explained... More

Arm Holdings (ARM) PT Raised to $82 at Deutsche Bank

February 8, 2024 8:29 AM EST

Deutsche Bank analyst Ross Seymore raised the price target on Arm Holdings (NASDAQ: ARM) to $82.00 (from $70.00) while maintaining a Hold rating.... More

Arm Holdings (ARM) PT Raised to $85 at Susquehanna

February 8, 2024 8:23 AM EST

Susquehanna raised its price target on Arm Holdings (NASDAQ: ARM) to $85.00 (from $48.00) while maintaining a Neutral rating.... More

Arm Holdings (ARM) PT Raised to $115 at Jefferies

February 8, 2024 7:59 AM EST

Jefferies analyst Mark Lipacis raised the price target on Arm Holdings (NASDAQ: ARM) to $115.00 (from $98.00) while maintaining a Buy rating.... More

Arm Holdings (ARM) PT Raised to $140 at Rosenblatt

February 8, 2024 7:38 AM EST

Rosenblatt analyst Hans Mosesmann raised the price target on Arm Holdings (NASDAQ: ARM) to $140.00 (from $110.00) while maintaining a Buy rating.... More

Arm Holdings (ARM) PT Raised to $100 at JPMorgan

February 8, 2024 7:24 AM EST

JPMorgan analyst Harlan Sur raised the price target on Arm Holdings (NASDAQ: ARM) to $100.00 (from $70.00) while maintaining a Overweight rating.... More

Arm Holdings (ARM) PT Raised to $100 at Wells Fargo

February 8, 2024 7:12 AM EST

Wells Fargo raised its price target on Arm Holdings (NASDAQ: ARM) to $100.00 (from $85.00) while maintaining a Overweight rating.... More

Arm Holdings (ARM) PT Raised to $95 at Goldman Sachs 'as royalty rate accretion from v9 transition picks up steam'

February 8, 2024 6:51 AM EST

Goldman Sachs analyst Toshiya Hari raised the price target on Arm Holdings (NASDAQ: ARM) to $95.00 (from $65.00) while maintaining a Buy rating.

The analyst comments "Arm delivered a strong beat and raise driven by better licensing revenue and expanding royalty rates (i.e.... More