Roth MKM Maintains Neutral on Ambarella, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva has maintained a Neutral rating on Ambarella (NASDAQ:AMBA) and lowered the price target from $75 to $60.
August 30, 2023 | 7:03 pm
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NEGATIVE IMPACT
Roth MKM has maintained a Neutral rating on Ambarella and lowered the price target from $75 to $60.
The lowering of the price target by Roth MKM from $75 to $60 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Ambarella's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100