Arm Holdings Reaches All-Time High Following Bernstein's Positive Outlook
Arm Holdings (NASDAQ:ARM) reached an all-time high of $259.44 on Wednesday, driven by a positive rating from investment firm Bernstein. The stock closed at $256.73 with gains of 15.05%. Bernstein assigned an 'outperform' rating and set a price target of $300 based on the company's potential in AI-driven CPU markets.
Tickers: $ARM
Topics: AI CPUs Arm Holdings Bernstein rating upgrade revenue growth