Ambarella (AMBA) Tops Q2 EPS by 12c, Revenues Beat
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August 31, 2018 8:08 AM EDT
Roth Capital analyst Suji Desilva lowered the price target on Ambarella (NASDAQ: AMBA) to $35.00 (from $45.00) while maintaining a Neutral rating.
The analyst adjust model inputs to reflect continued NT consumer headwinds and therefore lowers the PT by $10 to $35.00.
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August 31, 2018 7:38 AM EDT
Morgan Stanley analyst Joseph Moore lowered the price target on Ambarella (NASDAQ: AMBA) to $50.00 (from $58.00) while maintaining a Overweight rating.
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August 31, 2018 7:28 AM EDT
Craig-Hallum analyst Richard Shannon lowered the price target on Ambarella (NASDAQ: AMBA) to $40.00 (from $50.00) while maintaining a Hold rating.
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August 31, 2018 7:22 AM EDT
Cowen analyst Matthew Ramsay lowered the price target on Ambarella (NASDAQ: AMBA) to $54.00 (from $65.00) while maintaining a Outperform rating. Ambarella posted slightly better than consensus JulyQ results, with IP security and automotive revenue both increasing Y/Y in the quarter. OctQ guidance, however, was... More
August 31, 2018 7:11 AM EDT
Stifel analyst Kevin Cassidy lowered the price target on Ambarella (NASDAQ: AMBA) to $45.00 (from $56.00) while maintaining a Buy rating.
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August 31, 2018 6:57 AM EDT
BofA/Merrill Lynch analyst Adam Gonzalez downgraded Ambarella (NASDAQ: AMBA) from Neutral to Underperform with a price target of $35.00 (from $42.00).
The analyst sees troubles remains for the legacy transition and is expecting NT growth to remain muted.
For an analyst ratings... More
