BofA Downgrades Arm Holdings plc to Neutral, Maintains $120 Price Target

jueves, 15 de enero de 2026, 8:25 am ET1 min de lectura
ARM--

BofA downgraded Arm Holdings plc (NASDAQ:ARM) to 'Neutral' from 'Buy' due to a potential dip in global smartphone units, impacting ARM Client royalty sales. The company's restructuring into three segments, including Physical AI, has led to a 3% decline in the stock. BofA maintains a $120 price target and notes limited visibility into the new CPU chipset/silicon business.

BofA Downgrades Arm Holdings plc to Neutral, Maintains $120 Price Target

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