Roth MKM Maintains Neutral on Ambarella, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva has maintained a Neutral rating on Ambarella (NASDAQ:AMBA) with a price target of $60.
August 28, 2024 | 2:39 pm
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NEUTRAL IMPACT
Roth MKM analyst Suji Desilva maintains a Neutral rating on Ambarella with a $60 price target, indicating no expected short-term price movement.
The Neutral rating and maintained price target suggest that the analyst does not foresee significant short-term changes in Ambarella's stock price. This indicates stability rather than a bullish or bearish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100