Morgan Stanley Maintains Overweight on Ambarella, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Overweight rating on Ambarella (NASDAQ:AMBA), but lowered the price target from $89 to $81.
August 30, 2023 | 2:10 pm
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Morgan Stanley has maintained an Overweight rating on Ambarella, but lowered the price target from $89 to $81. This could potentially impact the stock's performance.
The news is directly related to Ambarella as Morgan Stanley has maintained an Overweight rating but lowered the price target. This could lead to mixed market reactions, potentially impacting the stock's performance in the short term.
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