Ambarella (AMBA) Tops Q4 EPS by 8c

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Ambarella (AMBA) PT Raised to $64 at Stifel on 4Q Report; 'Solid IP Security Camera Growth'

March 2, 2018 7:18 AM EST

Stifel raised its price target on Ambarella (NASDAQ: AMBA) to $64.00 (from $62.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Kevin Cassidy notes a positive outlook on the shares, as the company reported fourth quarter earnings per share and... More