ARM Holdings Gets Upgrade As Positive News Seen Ahead

By | April 8, 2014

Scalper1 News

Chip designer ARM Holdings received an upgrade from Bernstein Research on Tuesday, and its U.S. stock rose. ARM (ARMH) stock was up more than 3.5%, near 50, in afternoon trading on the stock market today. Bernstein analyst Pierre Ferragu raised his rating on ARM stock to market perform, but still says the stock is overvalued. ARM is best known for making low-power, high-performance chip designs for mobile devices such as smartphones and tablets. Scalper1 News

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