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Enter Symbol:
 
ARM HOLDINGS PLC GBP (ARMH) [hlAlert]

Rating:
Sell ARMH
down 74.22 %

ARM HOLDINGS PLC GBP (ARMH) downgraded to Sell by Citigroup

Posted on: Monday,  Apr 12, 2010  8:25 AM ET by Citigroup

Citigroup rated Sell ARM HOLDINGS PLC GBP (NASDAQ: ARMH) on 04/12/2010, when the stock price was $11.01. Since
then, ARM HOLDINGS PLC GBP has gained 288.01% as of 08/27/2015's recent price of $42.72.
If you would have followed this Citigroup's recommendation on ARMH, you would have lost 74.22% of your investment in 1963 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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/12/2010 8:25 AM Sell
None
11.01
as of 12/31/2010
1 Week down  -23.27 %
1 Month down  -32.48 %
3 Months down  -32.40 %
1 YTD down  -118.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2010 8:25 AM Hold
None
9.15
7/2/2009 8:25 AM Buy
None
6.04
7/2/2009 8:25 AM Buy
None
6.04

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