Arm stock could be cut in half over the next 12 months

Arm stock could be cut in half over the next 12 months – analyst warns

Invezz

Published 09 Apr 2024

Arm Holdings PLC (NASDAQ: ARM) has nearly doubled since the start of this year but a Morningstar analyst warns its current valuation is not sustainable. Arm stock could tank to $57 Javier Correonreo sees downside in the chip design company to $57 – a price objective that assumes 17% yearly growth rate over the next […]

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Arm stock could be cut in half over the next 12 months – analyst warns

Arm stock could be cut in half over the next 12 months – analyst warns

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