Baird lowered the firm’s price target on Amplitude (AMPL) to $14 from $17 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results which showed solid progress and key metrics were turning.
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Read More on AMPL:
- Amplitude Inc. Receives ‘Buy’ Rating from Scott Berg Amid Strong Financial Performance and Strategic Improvements
- Amplitude Inc. Reports Strong Q1 2025 Growth
- Balanced Outlook: Amplitude’s Growth Potential and Valuation Concerns Justify Hold Rating
- Amplitude reports Q1 adjusted EPS 0c, consensus (1c)
- Amplitude authorizes share buyback of up to $50M worth of class A shares