Wells Fargo analyst Joe Quatrochi lowered the firm’s price target on Arm (ARM) to $145 from $150 and keeps an Overweight rating on the shares. The firm notes share under pressure post Arm’s lack of formal 2026 guide, while soft guide comments will likely be viewed as slightly below buyside expects. That said, Wells remains positive on Arm’s forward commentary and position to benefit from emerging AI opportunities.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARM:
- Arm price target lowered to $175 from $195 at KeyBanc
- Arm price target lowered to $135 from $144 at BofA
- Resilient Growth and Strategic Expansion: Lee Simpson’s Buy Rating on ARM Holdings PLC
- Arm price target lowered to $95 from $115 at HSBC
- ARM Holdings PLC: Strategic Partnerships and AI Sector Growth Drive Buy Rating
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue