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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIP: