B of A Securities Maintains Underperform on Ambarella, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an 'Underperform' rating on Ambarella (NASDAQ:AMBA) while raising the price target from $50 to $57.
August 28, 2024 | 1:54 pm
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B of A Securities has kept an 'Underperform' rating on Ambarella, but increased the price target from $50 to $57, indicating a slightly more positive outlook.
The 'Underperform' rating suggests a negative outlook, but the raised price target indicates some positive factors. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100