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Fly News Breaks for April 7, 2016
AMBA
Apr 7, 2016 | 16:13 EDT
Oppenheimer analyst Andrew Uerkwitz started coverage of Ambarella with a Perform rating, as he views the company as one of the best "pure-play" ways to invest in computer vision and intelligent image-capturing, but also believes its risk-reward is balanced given the stock's valuation and the near-term unfavorable outlook for the company's end markets.
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