Amplitude, Inc. (AMPL) Tops Q1 EPS by 1c, Beats on Revenue; Offers FY24 Guidance

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Amplitude Inc (AMPL) PT Lowered to $11 at UBS

May 10, 2024 7:02 AM EDT

UBS analyst Taylor McGinnis lowered the price target on Amplitude Inc (NASDAQ: AMPL) to $11.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "AMPLs print was largely in-line, with 9% Y/Y 1QF24 revs growth consistent with the high-end of guide. Yet, its still working through... More