Morgan Stanley lowered the firm’s price target on Amplitude (AMPL) to $11 from $13 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on AMPL:
- Amplitude price target lowered to $12 from $16 at DA Davidson
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- Scott Berg’s Optimistic Buy Rating on Amplitude Driven by Strong Growth Potential and Attractive Valuation
- Amplitude initiated with a Buy at Needham