Ambarella (AMBA) Tops Q1 EPS by 8c

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Go back to Ambarella (AMBA) Tops Q1 EPS by 8c

Ambarella (AMBA) PT Lowered to $120 at Needham & Company

June 1, 2022 7:05 AM EDT

Needham & Company analyst N. Quinn Bolton lowered the price target on Ambarella (NASDAQ: AMBA) to $120.00 (from $175.00) while maintaining a Buy rating following earnings.

The analyst commented, "AMBA's F1Q23 results were in-line or better than guidance, but China lockdown headwinds and... More