Kevin Cassidy analyst at Rosenblatt Securities reiterates coverage on Ambarella (AMBA) in the Technology sector with a Buy rating. TipRanks.com has Cassidy rated as a 5 star analyst with a 63% return on investment and a 22.6% success rate. Cassidy has set a price target of $ 125.
TipRanks.com reports that Ambarella currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $123.33. The target pricing ranges from a high forecast of $150.00 down to a low forecast of $100.00. Ambarella (AMBA)’s last closing price was $68.52 which would put the average price target at 79.99% upside.
In addition, TradingView issued a Sell rating for AMBA over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on AMBA.
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This article was pulled from the authority in health stocks, techstockmovers.com. While we integrate our news with TechStockMovers.com, if you are interested in the healthtech sector, please visit TechStockMovers.com.
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
DelrayResearch.com is also looking into these tickers DAWN, COGT, RMD, BSX, RACE, RTX.
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