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Why Arm Holdings Stock Was Moving Higher Today


Shares of Arm Holdings (NASDAQ: ARM) were climbing today as one Wall Street analyst took a brighter view of the company.

In a note this morning, BNP Paribas raised its rating on the CPU architecture specialist from neutral to outperform, and lifted its price target from $110 all the way up to $210.

As a result, the stock was up 4.2% as of 1:11 p.m. ET.

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Source Fool.com

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