Needham reiterates Buy on ARM with $255 target
Bullish analyst view, tempered by the sharp post-signal decline and uncertainty inherent in price targets.
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Bullish analyst view, tempered by the sharp post-signal decline and uncertainty inherent in price targets.
What happened, with direct paths to the underlying reporting
Needham reiterated its Buy rating on ARM and cited a $255 target versus a posted price of $191.80, implying about 33% potential upside. ARM was down 12.29% since the signal, making this a notable positive analyst view amid a sharp decline; the target remains an opinion.
Target: $255
Posted price: $191.8
Analyst firm: Needham
Analyst: Charles Shi
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