Craig-Hallum Maintains Buy on Ambarella, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on Ambarella (NASDAQ:AMBA) and raises the price target from $80 to $85.
August 28, 2024 | 1:09 pm
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Craig-Hallum analyst Richard Shannon has reiterated a Buy rating for Ambarella and increased the price target from $80 to $85, indicating a positive outlook.
The increase in price target from $80 to $85 by Craig-Hallum suggests a positive outlook for Ambarella, likely leading to a short-term price increase. The Buy rating reaffirms confidence in the stock's performance.
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IMPORTANCE 80
RELEVANCE 100