Ambarella (AMBA) Tops Q3 EPS by 12c, Q4 Revenue Guidance Misses

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Ambarella (AMBA) PT Raised to $40 at Roth Capital Following 3Q

November 30, 2018 9:29 AM EST

Roth Capital analyst Suji Desilva raised the price target on Ambarella (NASDAQ: AMBA) to $40.00 (from $35.00) while maintaining a Neutral rating following the company's 3Q earnings report. AMBA reported revenue in-line with consensus and EPS well above consensus reflecting better than expected cost... More