Increasing unusual put option volume: WISH NYCB AVTR KDP LSCC SOUN ARM TEVA MNDY PSEC WMT BIG

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Arm Holdings (ARM) PT Raised to $72 at Bernstein, Remains Underperform Rated

February 15, 2024 6:41 AM EST

Bernstein analyst Sara Russo raised the price target on Arm Holdings (NASDAQ: ARM) to $72.00 (from $46.00) while maintaining a Underperform rating.

The analyst comments "As we look towards the end of FY24, there are a number of areas to look at. AI-related demand has driven licensing, although Arm is still cautious on outlook for FY25 and beyond. AFA and ATA... More