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Rosenblatt Securities Sticks to Its Buy Rating for Arteris (AIP)

Rosenblatt Securities Sticks to Its Buy Rating for Arteris (AIP)
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In a report released today, Hans Mosesmann from Rosenblatt Securities reiterated a Buy rating on Arteris (AIP), with a price target of $15.00. The company’s shares closed last Friday at $9.76.

Mosesmann covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Marvell, and Nvidia. According to TipRanks, Mosesmann has an average return of 32.2% and a 69.06% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arteris with a $14.50 average price target.

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