Rosenblatt Maintains Buy on Ambarella, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy maintains a Buy rating on Ambarella (NASDAQ:AMBA) with a price target of $85.
August 23, 2024 | 2:32 pm
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Rosenblatt analyst Kevin Cassidy reaffirms a Buy rating for Ambarella, maintaining a price target of $85, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a maintained price target of $85 by Rosenblatt suggests a positive outlook for Ambarella. This can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100