BMO Capital analyst Ambrish Srivastava maintained a Hold rating on Arteris (AIP – Research Report) today and set a price target of $6.00. The company’s shares closed yesterday at $6.95.
According to TipRanks, Srivastava is a 5-star analyst with an average return of 17.3% and a 71.83% success rate. Srivastava covers the Technology sector, focusing on stocks such as Micron, Advanced Micro Devices, and Broadcom.
Arteris has an analyst consensus of Moderate Buy, with a price target consensus of $14.00.
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The company has a one-year high of $9.07 and a one-year low of $3.27. Currently, Arteris has an average volume of 283.5K.
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Arteris Inc is a provider of network-on-chip interconnect semiconductor intellectual property (IP) and IP deployment technology to accelerate system-on-chip semiconductor development and integration for a wide range of applications from AI to automobiles, mobile phones, IoT, cameras, SSD controllers, and servers for customers such as Bosch, Baidu, Mobileye, Samsung, Toshiba and…
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