Business

Bank of America resets Arm stock forecast after earnings

THE STREET·1d ago·3 min read

Photograph via The Street

RSS SUMMARY · AGGREGATED FROM THE STREET

Bank of America raised its price objective on Arm Holdings after the chip-design company posted a stronger March quarter, but the firm stopped short of turning more bullish on the stock as investors continue to price in a larger artificial-intelligence opportunity. In the Bank of America note, …

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