Piper Sandler raised the firm’s price target on Amplitude (AMPL) to $15 from $14 and keeps an Overweight rating on the shares. The firm notes Q1 marked the return to double-digit growth on the back of accelerating upmarket momentum, improving GTM execution, and a well-oiled innovation flywheel driving competitive wins and longer contract commitments.
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Read More on AMPL:
- Amplitude Inc. Receives ‘Buy’ Rating from Scott Berg Amid Strong Financial Performance and Strategic Improvements
- Amplitude Inc. Reports Strong Q1 2025 Growth
- Balanced Outlook: Amplitude’s Growth Potential and Valuation Concerns Justify Hold Rating
- Amplitude reports Q1 adjusted EPS 0c, consensus (1c)
- Amplitude authorizes share buyback of up to $50M worth of class A shares