Amplitude price target raised to $16 from $14 at BofA

BofA raised the firm’s price target on Amplitude (AMPL) to $16 from $14 and keeps a Buy rating on the shares after the company reported “solid” Q4 results and gave 2025 revenue guidance above the Street, implying accelerating growth. With a six-turn discount multiple compared to its infrastructure peers, the firm sees an “attractive risk/reward profile,” the analyst tells investors in a post-earnings note.