Ambarella to Present at the Deutsche Bank Conference Sept. 14

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FBN Boosts PT on Ambarella (AMBA) to $80; Sees Strong Sports Cam Sales in Q3

September 2, 2016 2:12 PM EDT

FBN lifted its price target on Outperform-rated Ambarella (Nasdaq: AMBA) from $60 to $80 following Q2 results reported on Thursday night.

Analyst Shebly Seyrafi commented on Friday: The company reported FQ2 results above expectations with NG EPS significantly above expectations due to better... More

Oppenheimer Reiterated Perform on Ambarella (AMBA) Following 2Q

September 2, 2016 9:47 AM EDT

Oppenheimer reiterated a Perform rating on Ambarella (NASDAQ: AMBA), following the company's 2Q earnings report. AMBA reported revenues and EPS of $65.1M and $0.54. Results came in ahead of the Street's $64.3M and $0.38.

Analyst Andrew Uerkwitz commented, "AMBA reported better-than-expected F2Q17 results, with... More