BofA Downgrades Arm to Neutral Amid Revenue Slowdown
BofA cuts Arm to Neutral with $120 target due to royalty slowdown, SoftBank reliance, and weaker smartphone sales in 2026.
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BofA cuts Arm to Neutral with $120 target due to royalty slowdown, SoftBank reliance, and weaker smartphone sales in 2026.
Despite beating Q4 expectations with 13% revenue growth to $25B and $6.31 EPS, FedEx shares declined on weaker-than-expected calendar 2026 outlook and post-spin-off uncertainty.
The deal builds on its 2024 Vizio acquisition and targets small and medium-sized businesses with easier, measurable CTV advertising.
Analysts at Wedbush initiate coverage on BBBY with Outperform rating and $10 price target, citing significant untapped potential in its integrated home ecosystem.