Amber Road Announces Fourth Quarter and Full Year 2016 Financial Results

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Needham & Company Reiterates Buy Rating and $11 PT on Amber Road (AMBR) Following 4Q Results, 'Best Ever Bookings'

February 17, 2017 6:11 AM EST

Needham & Company analyst Scott Berg reiterates Buy rating and $11 price target on Amber Road Inc. (NYSE: AMBR), noting the company reported record bookings, strong sales and revenue figures that surpassed consensus estimates for the 2016 fourth quarter.

Berg comments, "Amber Road reported another strong sales quarter with bookings... More