Ambarella (AMBA) Tops Q2 EPS by 12c, Revenues Beat

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Ambarella (AMBA) PT Lowered to $35 at Roth Capital

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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Ambarella (AMBA) PT Lowered to $50 at Morgan Stanley

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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Ambarella (AMBA) PT Lowered to $40 at Craig-Hallum

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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Ambarella (AMBA) PT Lowered to $54 at Cowen

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

Ambarella (AMBA) PT Lowered to $45 at Stifel

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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BofA/Merrill Lynch Downgrades Ambarella (AMBA) to Underperform

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