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Analysts Offer Insights on Technology Companies: and Amplitude (AMPL)

Analysts fell to the sidelines weighing in on and Amplitude (AMPLResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Amplitude (AMPL)

Robert W. Baird analyst Robert Oliver maintained a Hold rating on Amplitude on July 14 and set a price target of $40.00. The company’s shares closed last Tuesday at $17.54, close to its 52-week low of $13.42.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 11.4% and a 58.7% success rate. Oliver covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Tyler Technologies, and PROS Holdings.

Currently, the analyst consensus on Amplitude is a Strong Buy with an average price target of $22.00, implying a 22.7% upside from current levels. In a report issued on July 14, Morgan Stanley also maintained a Hold rating on the stock with a $18.00 price target.

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