Susquehanna raised the firm’s price target on Ambarella to $80 from $70 and keeps a Positive rating on the shares. The firm said they gave a solid update as inventory work-downs are largely complete in IoT and Auto.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMBA:
- Ambarella, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results
- AMBA Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Ambarella Announces Fourth Quarter and Fiscal Year 2024 Earnings Conference Call to be Held February 27, 2024
- e-con Systems Launches Robotics Computing Platform During CES; Partners With Ambarella for Industrial AMR and Outdoor Robots
- Ambarella, e-con Systems partner for industrial AMR, outdoor robots
