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Fly News Breaks for February 11, 2016
ARMH
Feb 11, 2016 | 08:40 EDT
As noted earlier, Bernstein downgraded ARM Holdings to Underperform from Market Perform. The firm thinks the company will be hurt by "a challenged smartphone market" and the weakening of its v8 product cycle. Bernstein predicts that the company's top-line growth wil d rop to about 17% this year. Target to $760 from $800.
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