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《大行》美銀升安謀(ARM.US)目標價至180美元 評級「買入」
美銀發表研究報告指,安謀(Arm Holdings)(ARM.US)截至6月止季績表現及截至9月底止季度前景並不樂觀,該行相信,公司正建立多個推動增長的長期助推器,其獨特的專利費模式能夠提供多年的經常性收入可見度。ARM的授權模式逼使集團提前數年進行投資,但成果需3至4年才能顯現,在近期或中期低迷環境下,對集團作出估值判斷變得更加困難。 該行指,無論如何,ARM的銷售額及每股盈餘將會在未來十年之後保持15至20%的穩定增長,其大型客戶軟銀(SFTBY.US) (09984.JP)正處於全球人工智慧部署的前沿。該行將其目標價由150美元上調至180美元,重申「買入」評級。(ca/u) ~
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