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HSBC Cuts Arm Holdings Target to $215, Raises Visa Target to $465

The Arm target fell $15 from $230, while the Visa target rose $90 from $375.

A silicon wafer and payment terminal stand on opposing plinths / TokenPost.ai
A silicon wafer and payment terminal stand on opposing plinths / TokenPost.ai

HSBC cut its price target for Arm Holdings to $215 and raised its target for Visa to $465 on Nov. 5, moving its estimates for the two stocks in opposite directions.

The Arm target fell $15 from $230, a reduction of about 6.5%. The Visa target rose $90 from $375, an increase of 24%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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