Ambarella (AMBA) Tops Q4 EPS by 9c

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Ambarella (AMBA) PT Raised to $75 at Northland

February 28, 2024 6:48 AM EST

Northland analyst Gus RichardGus RIchard raised the price target on Ambarella (NASDAQ: AMBA) to $75.00 (from $70.00) while maintaining a Outperform rating.

The analyst comments "AMBA reported a solid quarter and beating the bottom line on lower OPEX. We believe the bottom of the... More