BTIG lowered the firm’s price target on Amplitude (AMPL) to $10 from $14 and keeps a Buy rating on the shares. The company reported another quarter of annual recurring revenue reacceleration while other metrics such as net revenue retention also continue to improve, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMPL:
