An upgrade to Buy from Jefferies sends ARM (ARMH +2.9%) to $43. Jefferies' move follows a string...

|About: ARM Holdings, plc (ARMH)|By:, SA News Editor

An upgrade to Buy from Jefferies sends ARM (ARMH +2.9%) to $43. Jefferies' move follows a string of January downgrades that failed to halt the CPU core giant's rise. ARM now trades at 38x 2014E EPS.