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ARMH: Promise in Everything from Phones to Servers, Says Piper
Posted on June 25, 2012 at 15:21 PM EDT
Piper Jaffray‘s Gus Richard today reiterates an Overweight rating on shares of ARM Holdings (ARMH), and a $34 price target, writing that investors should note be worried about recent weakness in the smartphone market and how it could pressure ARM shares. Writes Richard, “the annexation of CPU market share, in our view, is a durable [...]
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