By: Benzinga
UPDATE: Jefferies Upgrades ARM Holdings to Buy on Mid- and Long-Term Outlook
Jefferies upgraded ARM Holdings (NASDAQ: ARMH ) from Hold to Buy. Jefferies analyst Lee Simpson noted, "We see development in four market areas (mobile computing, datacentres, networking, Internet of Things) as key to the emergence of ARM as the architecture of choice for the mid-to-long term. ARM remains well-positioned for
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