B. Riley Securities Maintains Buy on Amprius Technologies, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Christopher Souther maintains a Buy rating on Amprius Technologies (AMPX) but lowers the price target from $8 to $6.

April 30, 2024 | 12:38 pm
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NEUTRAL IMPACT
Amprius Technologies' Buy rating is maintained by B. Riley Securities, though the price target is reduced from $8 to $6.
While the maintenance of a Buy rating indicates continued confidence in Amprius Technologies' potential, the reduction in the price target could reflect adjustments in market expectations or valuation models. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100