Susquehanna Maintains Positive Rating for Ambarella: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Susquehanna has maintained its Positive rating for Ambarella (NASDAQ:AMBA) and increased its price target from $85.00 to $92.00. This new target price represents a 13.2% increase from the current share price. Ambarella's shares have risen by 2.78% over the last 24 hours.
July 25, 2023 | 5:01 pm
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POSITIVE IMPACT
Susquehanna has maintained a Positive rating for Ambarella and raised its price target, indicating a potential upside for the stock.
The decision by Susquehanna to maintain a Positive rating and raise the price target for Ambarella indicates a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100