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Susquehanna upgraded Arm Holdings from Neutral to Positive, raising its price target to $150, which resulted in an 8% increase in the company's shares. Analyst Mehdi Hosseini forecasts long-term earnings per share could reach $4.00 by fiscal 2028, driven by increased data center revenue and a growing customer base for CPUs and XPUs. The upgrade reflects expectations for growth from AWS's Graviton processors and the impact of v9 migration and CSS adoption on Arm's revenue stability.