HSBC Cuts Arm Price Target to $215, Raises Visa Target to $465
JOON HYOUNG LEE
Summary
- HSBC cut its price target for Arm Holdings to $215 from $230.
- Arm Holdings shares closed at $191.8, down 5.28% from the previous session.
- HSBC raised its price target for Visa to $465 from $375, while Visa shares closed at $436.57, up 3.84%.
Forecast Trend Report by Period
HSBC has revised its price targets for chip designer Arm Holdings and payments company Visa.
BlockBeats reported on Nov. 5 that HSBC lowered its target price on Arm Holdings to $215 from $230. Arm shares closed at $191.80 on Nov. 4, down 5.28% from the previous session.
HSBC, meanwhile, raised its target price on Visa to $465 from $375. Visa shares closed at $436.57 on Nov. 4, up 3.84%.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul