Chardan Capital Boosts PT on Ambarella (AMBA) to $90; Stock Continues Defying Conventional Wisdom
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Ambarella (AMBA) PT Raised to $115 at Canaccord Genuity
June 3, 2015 8:57 AM EDTCanaccord Genuity analyst Matthew Ramsay reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $115.00 (from $86.00) after another beat and raise quarter.
Ramsay commented, " Following another very strong set of results and guidance well above Street expectations, we... More
Ambarella (AMBA) Has Multiple Drivers, Says FBN; PT Raised to $110
June 3, 2015 8:05 AM EDTFBN Securities maintained an Outperform rating on Ambarella (NASDAQ: AMBA) and raised its price target to $110.00 (from $80.00). Analyst Shebly Seyrafi described Q1 as a very strong quarter and noted drones are becoming a strong driver. He sees multiple catalysts for the stock going forward.
"AMBA has several near-term growth drivers including continued benefits... More
Ambarella (AMBA) PT Raised to $110 at Ascendiant Capital
June 3, 2015 7:49 AM EDTAscendiant Capital analyst David Williams reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $110.00 (from $72.00) following another solid beat and raise quarter with upside to both revenue and EPS estimates.
Williams commented, "Revenue of $71.0M handily beat the $67.4M consensus forecast and EPS of $0.71 compared to the $0.59 Street expectation. The upside was driven by continued strength in existing... More
Needham & Company Upgrades Ambarella (AMBA) to Hold
June 3, 2015 7:32 AM EDTNeedham & Company upgraded Ambarella (NASDAQ: AMBA) from Underperform to Hold.
Analyst N. Quinn Bolton commented, "AMBA reported stronger than expected F1Q16 results and provided F2Q16 guidance well ahead of consensus estimates. The better guide reflects several new product releases across multiple customers... More
