Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings plc (NASDAQ:ARM) with a price target of $180.
The analyst revised his views on Arm in response to recent investor inquiries regarding its performance compared to the industry over the past three months.
Mosesmann factored in concerns about valuation, royalty ASP trajectory, licensing irregularities, exposure to wireless, and AI involvement.
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In the past few weeks, his checks have shown significant and ongoing interest in licensing the company’s broad portfolio.
He also noted an increase in Arm Total Access (ATA) to 31 from 3 in the fourth quarter of fiscal 2021.
Customers are moving faster, and their in-house ...