Roth MKM analyst Suji Desilva downgraded Ambarella to Neutral from Buy with a $95 price target.
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Read More on AMBA:
- Ambarella price target raised to $100 from $95 at Wells Fargo
- Ambarella price target raised to $105 from $95 at KeyBanc
- Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
- Ambarella sees Q1 revenue $60M-$64M, consensus $77.14M
- Ambarella reports Q4 adjusted EPS 23c, consensus 14c