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Arm price target raised to $180 from $160 at Mizuho

Mizuho raised the firm’s price target on Arm (ARM) to $180 from $160 and keeps an Outperform rating on the shares. The firm raised estimates and price targets for a number of names in the semiconductors and semiconductor capital equipment group as it took a look at the data center and AI server market following a re-rating post the “Liberation Day” selloff and ahead of June quarter earnings.

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