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Arteris price target raised to $15 from $12 at TD Cowen

TD Cowen analyst Joshua Buchalter raised the firm’s price target on Arteris (AIP) to $15 from $12 and keeps a Buy rating on the shares. The firm updated its model following Q2 results as its print/guide showcased all KPIs exceeding expectations. FY25 guidance is expected higher supported by record RPO, underscoring sustained momentum.

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