Is Arm Holdings Stock Going to $145? 1 Wall Street Firm Thinks So.
The company's outlook points to growing demand for its chip technology, but will it be enough to send the stock higher?Heading into the company's recent earnings report, Arm Holdings (ARM -2.34%) stock had risen sharply, as investors anticipated strong increases in revenue. Arm delivered on those expectations by reporting record revenues in the March-ending fiscal fourth quarter.However, the stock still fell after the earnings release, as the results weren't quite good enough to justify the company's expens ...