Needham Reiterates Buy on Ambarella, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a Buy rating on Ambarella (NASDAQ:AMBA) and maintained a $90 price target.

May 31, 2024 | 10:13 am
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Needham analyst Quinn Bolton has reiterated a Buy rating on Ambarella and maintained a $90 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a $90 price target by a reputable analyst suggests positive sentiment and confidence in Ambarella's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100