Bernstein Sees Short-term Opportunity for ARM Stock -- Market Talk
13 April 2015 - 7:30PM
Dow Jones News
0900 GMT [Dow Jones]--Bernstein analysts expect a strong first
quarter 2015 from ARM Holdings that includes proceeds linked to the
sale of about 30 million iPhones. They are looking for 23% growth
in royalties full-year from the chip designer and see, "very
limited risk of disappointment." The analysts remain neutral for
the long-term on the stock but see an opportunity for the
short-term. (lisa.fleisher@wsj.com, @lisafleisher)
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