Ambarella (AMBA) Tops Q1 EPS by 5c, provides guidance
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Ambarella (AMBA) PT Raised to $60 at CFRA
May 31, 2024 8:24 AM EDTCFRA analyst Angelo Zino raised the price target on Ambarella (NASDAQ: AMBA) to $60.00 (from $50.00) while maintaining a Hold rating.
The analyst comments "We boost our 12-month target price to $60 from $50, utilizing an EV/sales of about 7x our FY 26 (Jan.)... More
Ambarella (AMBA) PT Lowered to $60 at Roth/MKM
May 31, 2024 4:47 AM EDTRoth/MKM analyst Suji Desilva lowered the price target on Ambarella (NASDAQ: AMBA) to $60.00 (from $65.00) while maintaining a Neutral rating.
The analyst comments "AMBA reported revenue and guided sequential growth both ahead of consensus, reflecting a combination of cyclical recovery and edge... More
