Needham Reiterates Buy on Ambarella, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton reiterated a Buy rating on Ambarella (NASDAQ:AMBA) and maintained a $90 price target.
February 28, 2024 | 1:49 pm
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POSITIVE IMPACT
Needham analyst Quinn Bolton reiterated a Buy rating on Ambarella and maintained a $90 price target.
The reiteration of a Buy rating and maintenance of a $90 price target by a reputable analyst like Quinn Bolton from Needham is likely to instill confidence among investors and could positively influence Ambarella's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100