Deutsche Bank analyst Ross Seymore raised the firm’s price target on Ambarella (AMBA) to $80 from $65 and keeps a Hold rating on the shares.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMBA:
- Ambarella price target raised to $115 from $100 at Rosenblatt
- Ambarella price target raised to $92 from $90 at BofA
- Ambarella price target raised to $100 from $90 at Stifel
- Ambarella’s Strong IoT Performance and Strategic Growth in Drone and Automotive Sectors Drive Buy Rating
- Ambarella’s Growth Trajectory: Buy Rating Affirmed Amidst Rising Edge AI Demand and Revised Revenue Outlook