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ARM Holdings (ARMH) received a price target increase Monday, as an analyst expects its chip designs used in enterprise networking and server markets to re-accelerate royalty growth. The Cambridge, England-based chipmaker designs and licenses chip technology that goes into more than 95% of smartphones, including Apple (AAPL) iPhone 6 and iPhone 6 Plus models. Canaccord Genuity analyst Matt Ramsay hiked his price target for ARM Holdings stock to 60 Scalper1 News
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