Susquehanna Maintains Positive on Ambarella, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a Positive rating on Ambarella (NASDAQ:AMBA) and increased the price target from $70 to $80.
February 28, 2024 | 3:47 pm
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POSITIVE IMPACT
Susquehanna has maintained a Positive rating on Ambarella and raised the price target from $70 to $80.
The upgrade in price target by a reputable analyst like Christopher Rolland from Susquehanna is a strong positive signal for Ambarella. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100