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Amplitude (AMPL) Receives a Hold from Robert W. Baird

In a report released yesterday, Robert Oliver from Robert W. Baird maintained a Hold rating on Amplitude (AMPLResearch Report), with a price target of $22.00. The company’s shares closed last Thursday at $18.16, close to its 52-week low of $13.42.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 9.4% and a 53.4% success rate. Oliver covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Tyler Technologies, and PROS Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amplitude with a $22.00 average price target.

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The company has a one-year high of $87.98 and a one-year low of $13.42. Currently, Amplitude has an average volume of 868.5K.

Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMPL in relation to earlier this year.

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Amplitude Inc is pioneering a new category of software called digital optimization. The company’s digital optimization system serves as the command center for businesses to connect digital products to business outcomes.

Read More on AMPL:

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