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ARM, QCOM, KLAC stocks rise despite price target cuts by UBS amid chip stocks’ pullback

ARM’s stock saw the largest price target cut, though UBS reiterated its 'Buy' rating and retained 'Neutral' ratings for both ...

ARM Stock Takes A Breather After Three Days Of Gains — Wells Fargo Cuts Price Target, Warning Of A 'Tough Setup' Ahead

According to TheFly, Wells Fargo lowered the price target for Arm to $350 from $410 while maintaining an ‘Overweight’ rating on the stock.