Oppenheimer raised the firm’s price target on Amprius Technologies (AMPX) to $15 from $14 and keeps an Outperform rating on the shares. The firm says the company continues to execute well as it ramps new products, closes incremental sales agreements, and drives margin improvement via the ramp of SiCore products. Oppenheimer is encouraged the company shipped samples to 53 new customers in Q4 2024, reaching 235 total customers in 2024.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMPX: