Ambarella (AMBA) Tops Q3 EPS by 8c. Guides Q4 Revenues In-Line

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Ambarella (AMBA) PT Raised to $67 at Canaccord Genuity, Bull Case Target Remains at $100

December 1, 2017 5:36 AM EST

Canaccord Genuity raised its price target on Ambarella (NASDAQ: AMBA) to $67.00 (from $65.00) while maintaining a Buy rating.

Analyst Matt Ramsay sees the company as a challenging NT transition story but remains positive on the LT potential for value creation form management and notes... More