Roth Capital raised the firm’s price target on Amprius Technologies (AMPX) to $22 from $20 and keeps a Buy rating on the shares. The firm recommends buying the stock on weakness post the Q1 report. The company reported record Q1 revenue and the negotiated redemption of legacy warrants, the analyst tells investors in a research note.
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Read More on AMPX:
- Amprius Technologies falls -29.0%
- Amprius Technologies announces exchange of public warrants for common stock
- Amprius options imply 11.3% move in share price post-earnings
- Amprius Technologies reports Q1 EPS (4c), consensus (2c)
- Amprius Technologies raises FY26 revenue to at least $130M from at least $125M