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down 11.58 %

ARM HOLDINGS PLC GBP (ARMH) rated Buy with price target $56 by Canaccord Genuity

Posted on: Monday,  Dec 15, 2014  10:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy ARM HOLDINGS PLC GBP (NASDAQ: ARMH) on 12/15/2014. Previously Canaccord Genuity rated Buy ARM HOLDINGS PLC GBP (NASDAQ: ARMH)
on 09/20/2013., when the stock price was $48.32. Since then, ARM HOLDINGS PLC GBP has lost 11.59% as of 08/27/2015's recent price of $42.72.
If you would have followed the previous Canaccord Genuity's recommendation on ARMH, you would have lost 11.58% of your investment in 706 days.

ARM Holdings plc (ARM) designs microprocessors, physical library solutions (physical IP) and related technology and software, and sells development tools. ARM licenses and sells its technology and products to international electronics companies, which in turn manufacture, market and sell microprocessors, application-specific integrated circuits (ASICs) and application-specific standard processors (ASSPs) based on ARM?s technology to systems companies for incorporation into a variety of end products. By creating a network of Partners, and working with them to utilize ARM?s technology, the Company is establishing its RISC processor architecture and physical IP for use in embedded microprocessor applications, including digital cellular phones, modems and automotive functions and for use in markets, including cellular phones, digital televisions and (personal computer) PC peripherals. ARM?s principal geographic markets are Europe, the United States and Asia Pacific.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/15/2014 10:25 AM Buy
43.87 56.00
as of 10/17/2014
1 Week up  4.89 %
1 Month down  -8.91 %
3 Months down  -0.16 %
1 YTD down  -23.29 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2014 10:25 AM Buy
40.19 55.00
9/20/2013 9:25 AM Buy
48.32 60.00

(*) Stock Price at the time of the recommendation.
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