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Why Arm Holdings Rallied Again Today

TheMotleyFool

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Why Arm Holdings Rallied Again TodayPhoto, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/da273d82-9e59-413a-99b3-2b0094ff0854.png

Shares of semiconductor architecture company Arm Holdings (NASDAQ: ARM) rallied again today, up another 5.4% as of 12:43 p.m. ET.

Arm had already seen a wave of analyst upgrades this week, but got even more positive news today, this time via a bullish initiation from analysts at Raymond James.

Raymond James started coverage on Arm today, initiating the stock with a buy rating and a $160 price target.

Source Fool.com

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