ARM HOLDNGS ADR (ARMH) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ARM HOLDNGS ADR (ARMH) from NEUTRAL to UNDERPERFORM on January 22, 2014, with a target price of $47.50.

ARM HOLDINGS designs high performance, low-cost, power-efficient RISC microprocessors and related technology and software, and sells development systems, to enhance the performance, cost-effectiveness and power-efficiency of an extensive range of embedded applications.(PRESS RELEASE)

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